EasyJet shareholders approve £5.7 billion Apollo takeover
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...
Key Takeaways
- 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.
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.
Original Publisher Attribution
This summary was curated from Economic Times.