easyJet Takeover: Apollo Pays £5.7 Billion, Stelios Remains Major Shareholder
American investment company Apollo has prevailed against competitors and will acquire easyJet for £5.7 billion. Founder Sir Stelios Haji-ioannou and his family retain significant shareholdings and voting rights. The EU is simultaneously preparing a review of ownership rules for airlines to prevent foreign control—a measure that could complicate such takeovers in the future.