British airline EasyJet said on Friday it is considering a takeover bid worth $7.7 billion from U.S. investment firm Apollo Global Management.

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

Luton-based low cost carrier easyJet say it has reached an 'agreement in principle' with an American investment giant

US private equity firm Apollo has made a higher offer for EasyJet. This new bid surpasses Castlelake's previous proposal for the British airline. EasyJet's board now favors…

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