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EasyJet agrees to £5.7bn takeover by US firm

The no-frills carrier agrees to be bought by US firm Apollo after a rival suitor drops out.

BBC News13h ago
Business

Diageo to nearly double Guinness production and cut jobs in turnaround plan

New CEO Dave Lewis lifts investors’ spirits by promising strategic overhaul worthy of his nickname ‘Drastic Dave’ Diageo’s new chief executive has unveiled plans to nearly double Guinness production while hacking back a “significant” proportion of its 30,000-s

The Guardian13h ago
Business

First OpenAI, now Meta - why do AI hacks keep happening?

A flood of companies are revealing AI models gained access to the internet - with real consequences.

BBC News13h ago
Business

Trains stop across north-west England after power cut hits signalling centre

Passengers awaiting Northern and TransPennine trains advised not to travel, with cancellations and other services delayed Trains across parts of north-west England have ground to a halt after a power failure hit the signalling centre controlling the railway in

The Guardian13h ago
Business

Paramount concessions lead UK to approve takeover of Warner Bros

Culture secretary Lisa Nandy says she will not intervene in £85bn deal after securing guarantees on Channel 5 The UK culture secretary, Lisa Nandy, has said she will not intervene in Paramount’s proposed acquisition of Warner Bros Discovery, removing one of th

The Guardian14h ago
Business

EasyJet agrees to £5.7bn takeover by US private equity firm

Airline says it has accepted offer from Apollo Global Management after rival bidder Castlelake walks away EasyJet has formally agreed to a £5.7bn takeover from US private equity firm Apollo Global Management. The airline announced it had accepted a firm offer

The Guardian14h ago

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