Apollo Raises easyJet Takeover Bid to £5.7 Billion
U.S. private equity firm Apollo Global Management has submitted a £5.7 billion takeover offer for British low-cost airline easyJet, surpassing a previous £5.5 billion proposal…
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Rising Fuel Costs Put European Airlines at Risk of Restructuring
Higher fuel prices and renewed tensions in the Middle East are increasing financial pressure on weaker European airlines, raising the likelihood of restructurings, mergers, and…