easyJet Shareholders Approve £5.7bn Apollo Takeover; Court Approval Still Ahead

November 12, 2026

easyJet’s shareholders voted overwhelmingly on November 11 to accept the £5.7 billion cash takeover by Apollo Global Management, clearing the shareholder stage of the deal that will take the airline private.

The vote

At the general meeting, easyJet suspended voting rights on about 233.9 million shares held by non-EU investors to stay within European ownership and control rules. EU persons held 35.07% of the shares at the time.

ADVERTISEMENT

What happens next

• The deal still needs High Court sanction and remaining regulatory approvals. A date for the court hearing has not been set (TBA).
• easyJet expects the takeover to take effect before the end of the first quarter of 2027. The long-stop date is August 6, 2027.
• Shareholders get £7.15 cash per share. After completion, easyJet shares are expected to be delisted from the London Stock Exchange.
• Apollo has said it will back the existing strategy, including fleet modernization with larger aircraft, stronger ancillary and loyalty products, and growth of easyJet holidays.

What it means for non-revs

• Nothing changes for flying today. easyJet keeps operating as normal until the deal completes, expected by the end of March 2027.
• Any ZED or staff-travel agreements with easyJet stay as they are for now. Watch for changes once Apollo takes control.
• easyJet staff should follow union updates: employee representatives have opposed the takeover, and head-office cuts were reported before the vote.

Sources

• Travel Weekly (UK): EasyJet shareholders approve £5.7bn Apollo takeover
• Airways Magazine: easyJet Shareholders Approve £5.7bn Apollo Takeover
• RTTNews: EasyJet Shareholders Approve Apollo-Backed Takeover Proposal
• AeroTime: easyJet shareholders approve Apollo’s £5.7 billion takeover bid