US private equity firm Apollo enters bidding war for easyJet with £5.7bn offer
Apollo signalled that it would back easyJet’s current strategy and management and was not looking to break up the company. Photograph: Lisi Niesner/ReutersView image in fullscreenApollo signalled that it would back easyJet’s current strategy and management and was not looking to break up the company. However, analysts said that the offer, worth £5.5bn, undervalued easyJet.On Friday, the airline’s board switched direction, to recommend Apollo’s approach.
- ▪Apollo signalled that it would back easyJet’s current strategy and management and was not looking to break up the company.
- ▪Photograph: Lisi Niesner/ReutersView image in fullscreenApollo signalled that it would back easyJet’s current strategy and management and was not looking to break up the company.
- ▪However, analysts said that the offer, worth £5.5bn, undervalued easyJet.On Friday, the airline’s board switched direction, to recommend Apollo’s approach.
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| Canonical URL | https://www.theguardian.com/business/2026/jul/10/us-private-equity-firm-apollo-enters-bidding-war-for-easyjet |
| Publication time | Fri, 10 Jul 2026 06:38:59 GMT |
| Retrieval time | 2026-07-10T06:59:00.609Z |
| Last seen | 2026-07-10T06:59:00.609Z |
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Apollo signalled that it would back easyJet’s current strategy and management and was not looking to break up the company. Photograph: Lisi Niesner/ReutersView image in fullscreenApollo signalled that it would back easyJet’s current strategy and management and was not looking to break up the company. Photograph: Lisi Niesner/ReuterseasyJetUS private equity firm Apollo enters bidding war for easyJet with £5.7bn offerAirline’s board minded to recommend deal – after accepting rival one from Castlelake earlier this week Business live – latest updates Mark SweneyFri 10 Jul 2026 02.38 EDTLast modified on Fri 10 Jul 2026 02.45 EDTSharePrefer the Guardian on GoogleThe board of easyJet has given the green light to a possible £5.7bn offer from the US private equity firm Apollo, as the low-cost…
Excerpt limited to ~120 words for fair-use compliance. The full article is at the Guardian.
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