Apollo Wins EasyJet Takeover Battle

AI Summary

Apollo has successfully outbid Castlelake to acquire EasyJet, showcasing a model private equity strategy for purchasing European airlines while navigating strict local ownership laws. This takeover could influence future cross-border airline acquisitions.

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.