Apollo's Deal With easyJet Could Pose Risk to Peers -- Market Talk
Dow Jones2026/08/07 05:250525 GMT - Apollo's plan to turn easyJet into a more competitive airline could pose a risk in the longer term for its sector peers, J.P Morgan analysts say in a research note. The U.K budget carrier agreed to the $7.7 billion takeover offer from Apollo after American private equity group Castlelake walked away from a potential bid. Apollo said it largely backs the existing easyJet strategy, which should mean minimal change to its structure and as a result the industry, at least near-term if the transaction completes, the analysts say. "The risk longer-term for peers is that Apollo transforms easyJet into a more competitive airline in terms of product, cost base and in particular segments like corporate traffic or package holidays," they add. (nina.kienle@wsj.com)
(END) Dow Jones Newswires
August 07, 2026 01:25 ET (05:25 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pi Network’s PI Defends a Critical Support, Bitcoin (BTC) Reclaims $78K: Weekend Watch
Pons: $20.93 million has been paid to token creators over the past 47 days
XRP’s Crazy August Is Almost Over – September Could Be Even Bigger
Crude oil is "coming back", but refined oil is "not coming back"; the global refining gap is widening.
According to Goldman Sachs, global refined oil exports have declined by about 6 million barrels per day year-on-year, with the Gulf region and Russia contributing three-quarters of the decrease. Unlike crude oil, which can be rerouted, damaged refineries cannot be relocated, and the Gulf region's refined oil exports have only recovered to 40% of pre-war levels. Goldman Sachs expects global refinery utilization rates to recover only by the second half of 2027; based on this, it has more than doubled its forecast for diesel profit margins in 2027.
Crypto prices
More
