APO•EasyJet shareholders approved Apollo’s £5.7 billion takeover, with 97.07% of scheme shares voted in favour. The deal still faces EU regulatory scrutiny, and easyJet is targeting completion before the end of the first quarter of next year.
EasyJet shareholders approved Apollo’s £5.7 billion takeover, clearing a key hurdle in the deal. EasyJet said 97.07% of scheme shares voted were in favour, while 83.29% of voting shareholders supported the deal.
The vote moves the deal closer to taking easyJet private after more than 25 years on the London stock market. The deal still faces EU regulatory scrutiny, and easyJet is targeting completion before the end of the first quarter of next year.
