Apollo gatecrashes easyJet sale with surprise £5.7bn takeover offer - business live

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Guardian Business

Apollo gatecrashes easyJet sale with surprise £5.7bn takeover offer - business live

Rolling coverage of the latest economic and financial news The sudden appearance of Apollo on the scene follows multiple rounds of talks between easyJet and Castlelake. EasyJet had told investors earlier this week that it had reached an agreement in principle with the firm at £6.90 per share. Apollo has said today regarding its chunkier offer: EasyJet management’s operational and commercial ambitions can be substant…