India, Nov. 11 -- easyJet plc (EZJ.L,EJT1.DE,ESYJY,EJTTF) announced Wednesday that shareholders have approved the proposed cash acquisition of the airline by Eagle Bidco Ltd, a company indirectly owned by funds managed by Apollo Global Management.
The approvals mark a significant step toward completing the transaction, which is expected to take effect before the end of the first quarter of 2027.
At the Court Meeting held on November 11, 97.07% of the shares voted were in favor of the scheme of arrangement, representing 287.23 million shares, while 2.93% voted against.
At the separate General Meeting, shareholders approved the resolution required to implement the scheme, with 96.67% voting in favor and 3.33% against.
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