Apollo gatecrashes easyJet sale with surprise £5.7bn takeover offer - business live

Rolling coverage of the latest economic and financial news Good morning and welcome to our rolling coverage of business, the financial markets and the world economy. A surprise corporate twist this morning: the US private equity firm Apollo has agreed to buy the airline easyJet in a £5.7bn deal, beating a rival bid for the company by Castlelake . The proposed cash offer delivers a superior outcome for easyJet shareholders by providing a higher cash value than Castlelake’s latest proposal of £6.90 per easyJet share, submitted on 4 July 2026. 7am BST: EU consumer price index and harmonised consu

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