Full coverage· Economy· Updated
Apollo Offers $7.7 Billion to Acquire British Low-Cost Airline EasyJet
Apollo Global Management has made a $7.7 billion bid to acquire EasyJet, offering a 22% premium and sparking a bidding war amid rising aviation fuel costs and EasyJet's deepening losses.
3 newsrooms · 1 language · since
Plus
What happened
- 01Apollo Global Management bids $7.7 billion for EasyJet, offering a 22% premium.
- 02EasyJet's shares jumped about 14% on the London Stock Exchange after the bid.
- 03The offer challenges a previous bid from Castlelake earlier this week.
- 04Global aviation faces pressure from rising jet fuel prices due to US-Iran tensions.
- 05EasyJet reported a £552 million loss in the first half of 2026.
- 06The takeover battle reflects financial stress in the airline industry.
The coverage
3 newsrooms on this story
Who covered it
- LeftNone
- Centre1
- RightNone
- HarediNone
- ArabNone
- Other2
How it broke
See which of the 3 newsrooms broke it, and who waited