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Castlelake

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Latest Castlelake articles

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easyJet Bidding War Ends as Apollo Makes Offer for Takeover

The bidding war for easyJet has officially come to an end after US firm Apollo Global put in a £5.7 billion ($7.7 billion) bid for the British airline. This offer topped rival investment firm Castlelake’s £5.2 billion proposal that was previously agreed to ‘in principle’ by easyJet at the beginning of July. Founder of easyJet, […] The post easyJet Bidding War Ends as Apollo Makes Offer for Takeover appeared first on Travel Radar - Aviation News .

Aug 7, 2026 · byTravel Radar
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EasyJet agrees £5.7bn take-over by US private equity firm Apollo

EasyJet has formally agreed to a £5.7bn take-over by US private equity firm Apollo Global Management, according to The Guardian. The airline confirmed on Thursday that it had accepted Apollo’s firm offer after rival bidder Castlelake withdrew from the race, ending the prospect of a bidding war. The deal values easyJet at £7.15 a share, […] The post EasyJet agrees £5.7bn take-over by US private equity firm Apollo appeared first on AviTrader Aviation News .

Aug 7, 2026 · byAviTrader
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Apollo to acquire easyJet in $7.7 billion deal after Castlelake withdraws

American asset management firm Apollo Global Management has agreed to acquire British low-cost carrier easyJet in a deal valuing the airline at approximately $7.7 billion, after rival bidder Castlelake withdrew from the takeover process. Under the terms of the agreement, easyJet shareholders will receive £7.15 per share, representing a 54% premium to the airline’s closing […]

Aug 6, 2026 · byAviation24.be
Apollo Wins EasyJet Takeover Battle

Apollo Wins EasyJet Takeover Battle

Apollo outbid Castlelake and outstructured it. Its winning approach could become the blueprint for how overseas private equity acquires European airlines under strict local ownership rules.

Aug 6, 2026 · bySkift Airlines
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easyJet sold to US investment group Apollo for £5.7bn

easyJet Group, which includes UK Low Cost Carrier (LCC) easyJet (U2/EZY), has agreed a deal for its sale to Apollo after rival Castlelake pulled out of the bidding war. The sale, valued at £5.7bn (£7.15 per share), will see the US firm take control of the easyJet group which employs [read more] The post easyJet sold to US investment group Apollo for £5.7bn appeared first on UK Aviation News .

Aug 6, 2026 · byUK Aviation News
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EU Airline Ownership Rules Reviewed amid EasyJet Takeover Bidding War

A European Union official said the EU will review its airline ownership guidelines to prevent foreign investors from gaining control of airlines. This review comes during a bidding war for easyJet’s takeover between two U.S. investment firms, Castlelake and Apollo Global Management. Bidding for easyJet EasyJet dropped its support for Castlelake’s £5.5 billion offer in […] The post EU Airline Ownership Rules Reviewed amid EasyJet Takeover Bidding War appeared first on Travel Radar - Aviation News .

Jul 23, 2026 · byTravel Radar
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AvTalk Episode 379: This feels eerily similar

On this week’s episode of AvTalk, a Ryanair (Malta Air) 737-800 suffers an uncontained engine failure after departing Thessaloniki, Greece, resulting in a shattered cabin window and a passenger partially sucked out of the cabin. We discuss the specifics on this accident and its similarities with Southwest 1380. German investigators release their preliminary report on the Lufthansa 787 that suffered a gear retraction last month in Frankfurt. In a first on Flightradar24, nine 7700 squawks happen near-simultaneously—we dig into what happened at Gatwick airport on Tuesday. And the bidding for easyJet heats up as Apollo Global Management bests Castlelake’s bid for the airline. Helpful links for this week’s episode * Ryanair uncontained engine failure * Southwest 1380 * Lufthansa 787 gear retraction in Frankfurt * Gatwick emergencies * easyJet bidders Please check back soon for a transcript of this week’s episode.

Jul 17, 2026 · byFlightradar24 Blog
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Tensions High as EasyJet Takeover Enters Bidding War

In a surprise takeover, U.S. private equity firm Apollo has gatecrashed the bid by rival Castlelake, already agreeing to key terms for a possible cash offer. This potential deal breaks down to 715 pence per share, swaying the support of easyJet’s board, who are likely to encourage shareholders to accept the bid. Apollo has outbid […] The post Tensions High as EasyJet Takeover Enters Bidding War appeared first on Travel Radar - Aviation News .

Jul 14, 2026 · byTravel Radar
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easyJet agrees to second takeover bid starting a bidding war for the low cost carrier

UK low-cost carrier (LCC) easyJet (U2/EZY) has agreed in principle to another takeover bid from US company Apollo Global Management sparking a potential bidding war between them and US investment group Castlelake. easyJet says the new rivals offer delivers a “superior outcome” to investors in the group, which includes the [read more] The post easyJet agrees to second takeover bid starting a bidding war for the low cost carrier appeared first on UK Aviation News .

Jul 11, 2026 · byUK Aviation News
Why Castlelake and Apollo Want to Buy easyJet

Why Castlelake and Apollo Want to Buy easyJet

After a string of denied offers, it appeared that easyJet (U2/EZY) was edging closer to a takeover by Castlelake. But the story has since taken another turn, with Apollo Global Management also entering the race to acquire the British low-cost carrier. Why are US investment firms interested in easyJet? And how could a deal change […] The post Why Castlelake and Apollo Want to Buy easyJet appeared first on Flightradar24 Blog .

Jul 11, 2026 · byFlightradar24 Blog
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US private equity firm Apollo launches £5.7 billion bid for easyJet, triggering takeover battle

easyJet has agreed in principle to a £5.7 billion ($7.7 billion) takeover offer from US private equity firm Apollo, after it submitted a £7.15-per-share proposal that surpassed rival Castlelake’s £6.90-per-share bid. The higher offer has prompted easyJet’s board to withdraw its support for Castlelake’s proposal, setting the stage for a competitive bidding process for the […]

Jul 10, 2026 · byAviation24.be