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EasyJet agrees to £5.7bn takeover by US firm
No-frills airline EasyJet has agreed to be taken over in a £5.7bn deal by US firm Apollo after a rival suitor dropped out.
The takeover was agreed after US investment firm Castlelake, which had made a series of offers for the carrier, said it was withdrawing from the bid battle.
EasyJet is one of Europe's largest airlines.
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