EasyJet founder Sir Stelios Ha ji- ioannou and his family will remain significant shareholders in the airline after its proposed £5.7 billion takeover by US investment firm Apollo, bringing an end to a bidding contest for one of Europe’s largest low-cost carriers.
The British airline confirmed on Thursday that its board had agreed to the terms of Apollo’s all-cash offer , valuing the company at around $7.7bn.
The agreement came
