Shareholders of British low-cost airline easyJet have approved its £5.7 billion (approximately $7.61 billion) acquisition by U.S.-based investment firm Apollo Global Management. During a vote held on Wednesday, November 11, 2026, 97.07% of the votes cast were in favour of the takeover proposal, while 83.29% of voting shareholders supported the deal.
Under the agreement, Apollo will pay easyJet shareholders £7.15 in cash per share. Once the acquisition is completed, easyJet is expected to be delisted from the London Stock Exchange, where it has traded for more than 25 years, and cease to operate as a publicly listed company. Both parties aim to finalise the transaction before the end of the first quarter of 2027.
However, completion of the acquisition remains subject to regulatory approvals in the European Union. One of the key challenges is the EU ownership and control requirement, under which an airline operating under an EU licence must remain majority-owned and effectively controlled by EU investors.
This regulatory requirement is considered one of the main issues that must be addressed before the takeover can be finalised.
