{"id":66070,"date":"2026-08-06T10:08:16","date_gmt":"2026-08-06T14:08:16","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/apollo-secures-5-7-billion-easyjet-takeover-modi-and-netanyahu-review-strategic-ties\/66070\/"},"modified":"2026-08-06T10:08:16","modified_gmt":"2026-08-06T14:08:16","slug":"apollo-secures-5-7-billion-easyjet-takeover-modi-and-netanyahu-review-strategic-ties","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/apollo-secures-5-7-billion-easyjet-takeover-modi-and-netanyahu-review-strategic-ties\/66070\/","title":{"rendered":"Apollo Secures \u00a35.7 Billion easyJet Takeover; Modi and Netanyahu Review Strategic Ties"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>Apollo Global Management (<a href=\"\/stock\/APO\">APO<\/a>) has reached a definitive agreement to acquire easyJet (<a href=\"\/stock\/EZJ\">EZJ<\/a>) for \u00a37.15 per share in cash, valuing the airline at approximately \u00a35.7 billion.<\/strong><\/li>\n<li><strong>The deal represents an 81% premium over easyJet&#39;s unaffected share price, successfully outbidding a rival proposal from Castlelake.<\/strong><\/li>\n<li><strong>Prime Minister Narendra Modi and Israeli PM Benjamin Netanyahu held a high-level call to review the India-Israel Special Strategic Partnership amid intensifying Middle East tensions.<\/strong><\/li>\n<li><strong>The easyJet acquisition includes a &quot;stub equity&quot; option, allowing shareholders to retain up to a 49.9% collective stake in the private entity.<\/strong><\/li>\n<\/ul>\n<h2>Apollo Triumphs in Bidding War for easyJet<\/h2>\n<p>Apollo Global Management (<a href=\"\/stock\/APO\">APO<\/a>) has officially secured a pact to acquire British low-cost carrier easyJet (<a href=\"\/stock\/EZJ\">EZJ<\/a>) in an all-cash transaction valued at <strong>\u00a35.7 billion ($7.7 billion)<\/strong>. Under the terms of the agreement, shareholders will receive <strong>\u00a37.15 per share<\/strong>, a significant increase from the <strong>\u00a36.90<\/strong> previously proposed by rival investment firm <strong>Castlelake<\/strong>. The easyJet board has unanimously recommended the offer, noting it provides a &quot;superior outcome&quot; for investors compared to prior bids.<\/p>\n<p>The acquisition price reflects an <strong>81% premium<\/strong> to easyJet&#39;s closing price of <strong>\u00a33.94<\/strong> on May 28, 2026, before takeover speculation began. To maintain continuity, Apollo has offered an alternative for eligible shareholders to roll over their holdings into unlisted shares of the new parent company, capped at <strong>49.9%<\/strong> of the total capital. The <strong>Haji-Ioannou family<\/strong>, which founded the airline, has already provided irrevocable undertakings to support the deal for their <strong>15.31%<\/strong> stake.<\/p>\n<h2>Strategic Coordination Between India and Israel<\/h2>\n<p>In a separate but significant geopolitical development, Indian Prime Minister <strong>Narendra Modi<\/strong> received a telephone call from Israeli Prime Minister <strong>Benjamin Netanyahu<\/strong> on August 6, 2026. The two leaders conducted a comprehensive review of the <strong>India-Israel Special Strategic Partnership<\/strong>, which was elevated earlier this year. They reaffirmed their commitment to deepening cooperation in sectors including <strong>defense, cybersecurity, and advanced technology<\/strong>.<\/p>\n<p>The conversation took place against a backdrop of <em>heightened regional uncertainty<\/em> in the Middle East. Both leaders exchanged views on the latest developments in <strong>West Asia<\/strong>, with Prime Minister Modi emphasizing the <strong>safety of civilians<\/strong> as a priority and reiterating the need for an <strong>early cessation of hostilities<\/strong>. This high-level engagement underscores the growing convergence of interests between New Delhi and Tel Aviv as they navigate complex regional security challenges.<\/p>\n<h2>Market Implications and Aviation Outlook<\/h2>\n<p>The privatization of easyJet (<a href=\"\/stock\/EZJ\">EZJ<\/a>) marks one of the largest private equity entries into the European aviation sector in recent years. Apollo (<a href=\"\/stock\/APO\">APO<\/a>) intends to accelerate easyJet\u2019s growth by leveraging its access to <strong>incremental capital<\/strong> and focusing on the rollout of <strong>Airbus A321XLR<\/strong> aircraft. Analysts suggest that the move to take the airline private will allow management to focus on <em>long-term strategic planning<\/em> away from the volatility of public markets, which have recently been pressured by rising fuel costs and geopolitical tensions.<\/p>\n<p>The deal is expected to be implemented through a <strong>scheme of arrangement<\/strong> and remains subject to final regulatory and shareholder approvals. Meanwhile, the diplomatic synergy between India and Israel continues to provide a stable framework for bilateral trade, with both nations currently accelerating negotiations for a <strong>Free Trade Agreement (FTA)<\/strong> expected to conclude later this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Apollo Global Management (APO) has reached a definitive agreement to acquire easyJet (EZJ) for \u00a37.15 per share in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[5012],"tags":[4080,4824,5198,8206,19240,21268],"class_list":["post-66070","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","tag-fta","tag-geopolitics","tag-aviation","tag-apollo-global-management-apo-stock-apo","tag-easyjet-ezj-stock-ezj","tag-india-israel-relations"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/66070","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=66070"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/66070\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50383"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=66070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=66070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=66070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}