Apollo Global Management has reached an agreement to purchase British low-cost airline easyJet for £5.7 billion, equivalent to approximately 161 billion Czech koruna. The deal follows the withdrawal of competing bidder Castlelake from the acquisition process. This acquisition marks a significant shift for the British airline industry. Details regarding the future strategy of easyJet under Apollo’s ownership remain to be disclosed. The transaction is subject to regulatory approvals and finalization. This move by Apollo signals confidence in the recovery and potential of the European airline market. The acquisition is expected to close in the coming months.

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