A US firm buys the airline Easyjet. The firm pays 6.7 billion euros for it. The board of Easyjet likes the offer.
The founder Stelios Haji-Ioannou supports the sale too. His family owns many shares in the firm. Another buyer named Castlelake stops trying. Castlelake wants to pay less money.
Easyjet stays one complete firm. There are rules for the sale. The firm cannot belong to Americans alone. Europeans must keep the majority. Apollo wants to follow these rules.
The airline is very valuable for buyers. It has rights for starts at important places. These places are London, Milan, and Geneva. Easyjet also owns 356 modern planes. Many pilots worry about their work.
The shareholders and offices must agree still. Apollo wants to take Easyjet from the stock market. Then the firm is private property. The stock price rises strongly because of the sale.
