EasyJet Takeover Becomes a Bidding War

EasyJet shifted from a proposed take-private to a contested auction when Apollo's higher offer won backing over Castlelake's earlier bid. Biotech and homebuilding deals also showed buyers paying or pushing harder, as Vertex's Crinetics purchase recurred and Beazer faced a higher offer plus pressure for a sale process.

The Paramount-Warner transaction moved closer to closing after Oregon dropped its effort to delay the merger. Taken together, the week was defined by active deal contests and pressure on boards, not just signed acquisitions.