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EasyJet backs $7.7 billion Apollo takeover bid over Castlelake offer

EasyJet backs $7.7 billion Apollo takeover bid over Castlelake offer

U.S. investment firm Apollo Global Management announced a £5.7 billion ($7.7 billion) bid for easyJet on Friday, trumping a rival offer from Castlelake and setting up a potential takeover battle for one of Europe's biggest airlines. Francis Maguire reports.

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