politics

Apollo Makes £5.7bn Bid for easyJet Amid Bidding War

10 Temmuz 2026The Guardian

EasyJet's board is considering a £5.7bn all-cash offer from US private equity firm Apollo, following a rival bid from Castlelake. The potential deal values easyJet at £7.15 per share, and the board is inclined to recommend it to shareholders.
This development marks the beginning of a bidding war for the low-cost airline, indicating heightened interest in the aviation sector.
EasyJet, known for its low-cost travel options, has faced challenges in recent years due to the impact of the COVID-19 pandemic on the airline industry. The current bidding war reflects a broader trend of consolidation in the sector, as firms look to strengthen their market positions amid ongoing economic uncertaint…
The entry of Apollo into the bidding war for easyJet highlights the competitive landscape within the airline industry, particularly as companies seek to capitalize on the post-pandemic recovery. The willingness of easyJet's board to entertain multiple offers suggests a strategic maneuver to maximize shareholder value.

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This article is based on information available as of the publication date and may be subject to change as new developments occur.