Private equity is circling budget airlines after Apollo's EasyJet deal — and this carrier could be next

Private equity investors could target more undervalued airlines following Apollo's swoop for EasyJet.

Budget airline easyJet is to be sold in a £5.7bn deal to a private equity firm that has promised not to cut jobs for at least a year. Apollo outbid rival suitor Castlelake, which had walked away from a bidding war after offering £5.5bnBefore a deadline on Friday, Castlelake confirmed it did not intend to make a formal

EasyJet was founded by British-Cypriot entrepreneur Stelios Haji-Ioannou in 1995 as a no-frills airline offering low-cost fares to destinations across Europe.

EasyJet agrees £5.7bn takeover by US private equity firm  The Times

Segro has accepted Prologis's £14billion takeover, bringing an end to a weeks-long battle that will see another British firm be taken over by a foreign firm.

Blackstone is weighing a fresh funding injection for Nvidia-backed artificial intelligence firm Factory in a deal likely to value the coding company at more than $3.5bn, City AM has learned. The New York-headquartered investment giant, which has been ploughing cash into AI firms and digital infrastructure in recent yea