NewsGreater Manchester NewseasyJetAn annoucement was made on Friday08:36, 10 Jul 2026EasyJet has agreed to a takeover by Apollo in a £5.7 billion deal, kickstarting a bidding war for the UK airline which days ago accepted a bid from rival US suitor Castlelake.‌The Luton-based airline said it had reached an agreement in principle for an offer worth £7.15 per easyJet share.‌The offer values easyJet’s fully diluted share capital at about £5.7 billion and would be paid for with a combination of equity and debt.‌Click here to get the biggest stories straight to your inbox in our Daily NewsletterThis makes it a bigger offer than the £6.90-a-share bid from rival US investment firm Castlelake.‌That offer had valued easyJet’s shares at £5.23 billion, or £5.5 billion on a fully diluted basis.EasyJet