EasyJet's Aviation Anomaly: A Tale of Two Suitors The surprise takeover bid from US firm Apollo Global Management has sent shockwaves through the aviation industry, leaving many to wonder about its implications for EasyJet and its passengers.
On the surface, it appears as though a fierce bidding war is underway, with two suitors vying for control of one of Europe's largest airlines. However, this is not just about money – it's about strategy.
Apollo's offer of £7. 15 per share represents an 81% increase from EasyJet's pre takeover price, dwarfing the previous bid from Castlelake.