easyJet buyout: Apollo Global Management trumps Castlelake offer
Apollo Global Management has emerged as the frontrunner in the battle for easyJet after agreeing key financial terms for a £5.7 billion takeover proposal, prompting the airline’s board to abandon support for a lower rival bid from Castlelake. The new offer is £7.15 per share, significantly higher than Castlelake’s £6.90 offer. It includes an 81% […]