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

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Source: CNBC
Published: 2026-08-07 00:20 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Europe, Tax & Budget, Trade & Sanctions, World News, Business & Economy
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Snippet:
Shares in EasyJet rose about 3.1% in afternoon trade in London on Thursday after the U.S. private equity firm Castlelake said it had pulled the plug on plans to buy the U.K. budget airline, clearing the path for rival bidder Apollo Global Management.
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