EasyJet backs rival $7.7 billion Apollo bid as takeover battle brews

U.S. investment firm ​Apollo Global Management (APO.N), opens new tab launched a £5.7 billion ($7.7 billion) bid for easyJet (EZJ.L), opens new tab on Friday, trumping a rival offer from Castlelake and setting up a potential takeover battle ‌for one of Europe's biggest airlines.
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