CNBC News Agency
3 hours agoCNBC
Stocks Medium Importance Neutral
Apollo agrees to buy UK airline EasyJet in $7.7 billion deal as Castlelake withdraws

Apollo agrees to buy UK airline EasyJet in $7.7 billion deal as Castlelake withdraws

EasyJet shares rose Thursday afternoon after Apollo Global Management said it would buy the U.K. airline after private equity rival Castlelake announced it was withdrawing its bid. Castlelake last month unveiled an improved offer for the London-listed carrier, which was swiftly followed by a larger bid from Apollo.

Related Symbols 1
EJTTF EJTTF
Source: CNBC
Visit Source
0 0 0
Comment

Comments

0
No comments yet
Be the first person to comment on this news item.