EU Review of Airline Ownership Rules May Impact Apollo's EasyJet Bid
The European Union is planning a review of airline ownership rules, which could complicate Apollo Global Management's bid to acquire easyJet. The review aims to clarify ownership and control structures to ensure compliance with EU regulations that require airlines to be majority-owned by EU nationals. Apollo's proposal to acquire easyJet, valued at £5.7 billion, faces scrutiny as the EU seeks to preserve its strategic autonomy. The review could affect not only easyJet but also other European airlines like Wizz Air and Ryanair, potentially delaying or complicating transactions.