$7.7 billion offer surpasses Castlelake! Apollo joins the bid to acquire EasyJet (ESYJY.US), two major American private equity firms may start a bidding war.

According to the Zhitong Finance and Economics APP, Easyjet Airlines (ESYJY.US) has received a new acquisition offer of 715 pence per share from the US private equity firm Apollo Global Management (APO.US), which is higher than Castlelake's offer. This unexpected turn of events has introduced a new variable into the acquisition battle of the British low-cost airline company, and also suggests that the two US private equity firms may engage in competition.