Apollo-EasyJet Deal Faces Union and Ownership Hurdles
EasyJet targets completion of Apollo’s £5.7 billion acquisition by the end of the first quarter of 2027, pending approvals.
Key takeaways
- The proposed acquisition values EasyJet at about £5.7 billion.
- EasyJet targets completion by the end of the first quarter of 2027.
- Unions object to 12-month, non-binding worker guarantees.
EasyJet is targeting completion of Apollo’s proposed acquisition by the end of the first quarter of 2027. The offer values the airline at about £5.7 billion.
Unions, including the European Works Council, have raised concerns about worker protections after the deal. They object to guarantees that would last 12 months and are not binding.
EasyJet plans to hold court and shareholder meetings during the week of Nov. 9, 2026. The deal also depends on showing regulators that its structure preserves European flight rights and keeps majority ownership and control in European interests.
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.
