Asia · Financial press · The Economic Times

EasyJet shareholders approve £5.7 billion Apollo takeover

Published by The Economic Times · India 2 h ago

Detailed summary

EasyJet's shareholders voted to approve a £5.7 billion takeover by Apollo on Wednesday. This decision marks a major step towards removing EasyJet from the London stock market. With 97.07% of scheme shares in favor, the airline is targeting a deal completion by the first quarter of next year. Nonetheless, the takeover faces regulatory scrutiny in the EU regarding airline ownership rules.

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EasyJet shareholders approve £5.7 billion Apollo takeover

Detailed summary

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