EasyJet shareholders back Apollo buyout as deal moves closer to completion
FROM THE WIRE · FINANCE.YAHOO.COM
Investing.com -- EasyJet shareholders approved Apollo's takeover of the budget airline on Wednesday, clearing a key hurdle for the deal, which still requires court sanction and regulatory approvals and is expected to complete in the first quarter of 2027. Our AI stock portfolio…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishShareholder approval clears a key hurdle for a notable airline takeover.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 0197.07% of votes at the court meeting were in favour of the deal.
- 0296.67% of votes at the general meeting were in favour.
- 03Completion is expected in Q1 2027, subject to court sanction and regulatory approvals.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
easyJet plc689.60 GBp+0.12%today -0.14%Positive Apollo Global Management, Inc.122.74 USDMarket closedtoday +0.44%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets