Deal History
Acquirer: Apollo
Asset manager Apollo is set to acquire low-cost airline Easyjet in a £5.7 billion takeover, leading to the airline's delisting from the London market.Summary of transaction details:Value: £5.7 billionSector: Logistics & Transport (Aviation)Advisor: Not mentionedKey Entities: Easyjet (Target), Apollo (Acquirer)Note: This strategic acquisition by Apollo highlights continued investor interest in the aviation sector, amidst a period of market adjustments, and marks a significant change for Easyjet's public listing status.
Acquirer: Castlelake
Castlelake, a private credit firm with $36bn in assets under management, is reportedly in the early stages of considering a possible takeover offer for the UK-listed budget airline Easyjet.Summary of transaction details:Value: Not disclosedSector: Logistics & TransportAdvisor: Not mentionedKey Entities: Target: Easyjet; Potential Acquirer: CastlelakeLocation: UK (Target company)Note: This potential acquisition comes as Easyjet's share price has languished amidst competitive pressures and rising costs, presenting an opportunity for a private firm like Castlelake, which has a significant presence in the aviation industry, to potentially take the company private and restructure its operations. Castlelake faces a June 26 deadline under UK takeover regulations to make a firm bid or withdraw.
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Sign inCompanies House
- Company Number
- 03959649
- Status
- Active
- Registered Address
- Hangar 89 London Luton Airport, Luton, LU2 9PF, United Kingdom
- SIC Codes
- 70100
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