EasyJet eyes 'next chapter' in £5.7 billion Apollo dealEasyJet is set to be bought by private equity firm Apollo in a £5.7 billion deal. Castlelake had made a £5.5 billion offer, which was surpassed by Apollo last month. Ahead of a Friday deadline, Castlelake has confirmed it doesn’t intend to make a formal offer, allowing Apollo to progress with its deal. The deal, which will require approval at a shareholder vote, is expected to complete in the first quarter of 2027. He said: “My family and I intend to remain invested as long-term major shareholders for the next chapter in the company’s journey.”