{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/db63e563-1a27-4446-8f4a-06473a5b69a2/6a5788fcc152a357dbbcca78?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"EasyJet Takeover: Inside the £5.7bn US private equity bidding war","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/61ba0e491a8cbe627d3cf13d/1784121576854-e1eb4864-ae18-41ab-a18f-7dc6a961f97e.jpeg?height=200","description":"<p>What does the high-stakes easyJet takeover bid mean for the future of budget travel? We unpack the intense bidding war between US giants Apollo and Castlelake.</p><p><br></p><p>Last Friday, in the latest twist in the saga for takeover of easyJet, Apollo secured an agreement to buy the airline in a £5.7B deal, gazumping an offer from US private credit group Castlelake. Just days earlier, easyJet had agreed to the Castlelake proposal - kicking off a proper takeover battle for one of the UK’s best known consumer brands.&nbsp;</p><p><br></p><p>In this episode, we consider why easyJet has become a target, and what it could mean for the future of the company.&nbsp;</p><p><br></p><p>Guest:</p><p><br></p><ul><li>Tim Jeans, former head of marketing for Ryanair, a former MD of Monarch Airlines</li></ul><p><br></p><p>Presenters:</p><p><br></p><ul><li>Dominic O’Connell, Times columnist and Times Radio business correspondent</li><li>Hannah Prevett, associate business editor at The Sunday Times</li></ul><p><br></p><p>Producer: Hope Federico&nbsp;</p><p>Executive Producers: Emily Leahy and Miriam Hall&nbsp;</p><p>Photo Credit: Getty&nbsp;</p><p>Get in touch: thebusiness@thetimes.com</p>","author_name":"The Times"}