EasyJet’s takeover scheme document deadline extended to 15 October

The easyJet takeover scheme document deadline has been extended to 15 October 2026.
The delay allows further talks with aviation regulators on EU ownership rules.
Apollo is acquiring easyJet in a £5.7bn deal at 715 pence per share.
The transaction is still expected to complete by the end of Q1 2027.
Daily flight operations remain unchanged, and the share price has held steady.

EasyJet’s takeover scheme document deadline has been officially extended to 15 October 2026, with the formal acquisition details originally due by 3 September now postponed. The boards of easyJet and Apollo Global Management agreed to the postponement with consent from London’s Takeover Panel, allowing both parties more time for constructive discussions with aviation regulators. Because Apollo is a US-based asset manager, regulators must verify that easyJet’s EU operations will still comply with strict 51pc European ownership rules to retain its vital continental flying rights.

Following the document release in mid-October, the necessary court and shareholder general meetings are now anticipated to take place during the week of 9 November 2026. Apollo is acquiring easyJet through its affiliate Eagle Bidco Ltd in a deal valued at £5.7bn, with a recommended cash offer of 715 pence per share. Despite the delayed paperwork, the baseline acquisition timeline is unaffected, with the transaction still on schedule to be fully completed by the end of the first quarter of 2027.

Daily flight operations and passenger schedules remain completely unchanged, with the airline’s share price holding steady at approximately 675 pence following the news. The market views the extension as a routine procedural delay rather than an indicator of structural deal complications. Separately, the airline is recruiting more cabin crew aged over 50, with numbers in that group more than doubling since 2022.

The takeover panel shared in a written statement, “The extension allows both parties more time for constructive discussions with aviation regulators.”