# Easyjet ready for takeoff ahead of shareholder vote

- URL: https://talkfuse.com/story/easyjet-ready-for-takeoff-ahead-of-shareholder-vote/
- Published: 2026-11-11T04:00:00+00:00
- Updated: 2026-11-11T04:21:33+00:00
- Original publisher: City AM (publisher lean: Right)
- Original article: https://www.cityam.com/easyjet-ready-for-takeoff-ahead-of-shareholder-vote/
- Topics: Business, Elections, Markets, Politics

## Key points

- Shareholders are expected to approve Apollo’s £5.7bn EasyJet takeover.
- The 715p-a-share offer beat Castlelake’s earlier £5.5bn bid.
- EU approval remains outstanding, and job cuts are also in focus.

## Summary

EasyJet shareholders are expected to approve Apollo’s £5.7bn takeover, which would take the airline off the London Stock Exchange after 26 years as a public company. The vote would advance the deal, but European Union regulators still need to approve it under rules requiring airlines to be majority-owned and controlled by European citizens.

Apollo’s offer values EasyJet shares at 715p, topping Castlelake’s earlier £5.5bn proposal and the 700p level investors had sought. Founder Stelios Haji-Ioannou has backed the deal and plans to roll his stake into the new ownership vehicle; shareholders can also choose to retain their shares, though takeover documents warn those stakes could be seized and are unlikely to receive dividends. Apollo has pledged to avoid job cuts for a year after completion, while EasyJet plans redundancies beforehand to reduce costs.

---
Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.