Apollo has gatecrashed Castelake's cut-price Easyjet bid, writes Ali Lyon, setting up a potential buyout behemoth battle for the skies.

La compagnie aérienne britannique, qui opère de nombreux vols depuis Genève, a reçu une offre concurrente à celle de Castlelake. En offrant 715 pence par action, Apollo Global…

Apollo has agreed to buy budget airline Easyjet, in a shock bid that usurped a flurry of offers from alternatives asset manager Castlelake

The airline said it had reached an agreement in principle for an offer worth £7.15 per share