Financial Times: ‘It’s all about the number’: how Apollo gazumped Castlelake’s easyJet bid

Apollo’s guarantees to easyJet founder and largest shareholder Sir Stelios Haji-Ioannou could prove decisive in the takeover battle.

Haji-Ioannou is the “key kingmaker here and the announcement this morning recognises his influence”, MKI Global Partners wrote in a research note. Apollo’s guarantees were “seemingly an overt attempt to woo [him]”

Published by and image courtesy of Financial Times