EasyJet Gets Rival Bid From Apollo That Beats Castlelake Bid

EasyJet Plc received a fresh offer from private equity firm Apollo Global Management for 715 pence a share that beats a rival proposal from Castlelake, a surprise twist in the...

By Benedikt Kammel · Bloomberg Markets

EasyJet Plc received a fresh offer from private equity firm Apollo Global Management for 715 pence a share that beats a rival proposal from Castlelake, a surprise twist in the takeover battle for the UK budget carrier that sets up a possible competition between the two US investment funds.