EasyJet agrees to £5.7bn takeover by US firm
The no-frills carrier agrees to be bought by US firm Apollo after a rival suitor drops out.


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The no-frills carrier agrees to be bought by US firm Apollo after a rival suitor drops out.

The airline says a bid from US firm Apollo has trumped a previous potential takeover offer from Castlelake.

U.K. budget airline has struck a deal to be acquired after rejecting four previous offers by the American investment firm.

EasyJet shares traded at a discount to the price the U.K. airline says it's reached with an American investment firm on a buyout.
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