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EasyJet accepts takeover offer from by private equity firm Apollo amid apparent bidding war with Castlerock
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British budget airline EasyJet said Friday it reached an agreement in principle for a £5.7-billion ($7.7-billion) takeover by U.S. private equity firm Apollo, topping a rival offer from fellow American private equity investor Castlelake. The fresh offer signals a bidding battle could now emerge between the two U.S. investors for ownership of the carrier. Apollo’s […]