EasyJet shareholders approve acquisition by Apollo

EasyJet shareholders approve acquisition by Apollo

EasyJet shareholders today approved the acquisition of the company by the Apollo fund, valued at GBP 5,700 million (about EUR 6,783 million).

© REUTERS/Denis Balibouse


11/11/2026
by

Lusa

OeasyJet shareholders today approved the acquisition of the airline by the US private capital fund Apollo, an operation valued at GBP 5,700 million (about EUR 6,783 million).

 

The carrier, based on Luton airport (northern British capital), reported that 97.07% of shareholders gave ‘green light’ to the acquisition, while 2.93% voted against, following a meeting held today.

It is now expected that the operation will be completed by the end of March next year.

The purchase of the company by the US fund ends with the company's listing on the London Stock Exchange.

In August, the airline's Board of Directors agreed to accept Apollo's purchase offer of GBP 7,15 (EUR 8,38) per share, higher than Castlelake's bid of GBP 6,90 (EUR 8,08) per share, which eventually dropped the dispute in August.

EasyJet was founded by Stelios Haji-Ioannou in 1995 with the aim of offering a low-cost alternative to British Airways and began to be quoted on the London Stock Exchange on November 22, 2000.

EasyJet operates flights to 168 destinations across 40 European countries, including Portugal, North Africa and the Middle East.

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