EasyJet Approves £5.7bn Apollo Acquisition Following Rival Bidder Withdrawal

POLICY WIRE — London, UK — EasyJet has agreed to a £5.7bn takeover by US investment firm Apollo Global Management. The deal, which values the airline at 715p per share, follows the withdrawal of a...

Editorial Desk

August 6, 2026 One Min Read

POLICY WIRE — London, UK — EasyJet has agreed to a £5.7bn takeover by US investment firm Apollo Global Management. The deal, which values the airline at 715p per share, follows the withdrawal of a rival bidder. Apollo, which also owns The Restaurant Group, parent company of Wagamama, is set to acquire the UK-based airline.

The transaction is expected to conclude after due diligence — and regulatory approvals. EasyJet’s board unanimously recommended the offer to shareholders, highlighting the premium price as a significant factor in their decision.

An EasyJet spokesperson stated, “The board believes this offer represents a compelling opportunity for our shareholders, providing them with immediate and certain value.”

Apollo’s acquisition of EasyJet is part of a broader strategy to expand its portfolio in the travel — and leisure sector. The deal is subject to shareholder approval — and regulatory scrutiny, with completion anticipated in the coming months.

Reporting by Policy-Wire (PW)

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