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.
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"My family and I intend to remain invested as long-term major shareholders of EasyJet for the next chapter in the company's journey."
— Sir Stelios Haji-Ioannou , Executive
"We welcome Apollo's commitment to our business and our people, and believe that its experience in the aviation sector makes it a strong partner for EasyJet."
— Kenton Jarvis , Executive
"Air travel might not be as sexy as space travel, but retail investors understand it and names like EasyJet can't easily be replaced."
— Danni Hewson , Executive
Key People
Alex van Hoek is a partner at Apollo and heads their European private equity.
Head of financial analysis at AJ Bell.
Kenton Jarvis is the CEO of EasyJet.
Sir Stelios Haji-Ioannou is the founder of EasyJet and a key shareholder.
All Coverage
The no-frills carrier agrees to be bought by US firm Apollo after a rival suitor drops out.
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