EasyJet PLCEasyJet surged 14% after Apollo made a takeover offer topping Castlelake.
European stocks fell for the first week in five, and government bonds were also sold off. Concerns over the Middle East intensified after US President Trump indicated a willingness to continue talks with Iran while also signaling an end to the ceasefire. The Stoxx 600 index briefly fell as much as 0.3 percent before paring losses. EasyJet surged 14 percent after Apollo made a takeover offer topping Castlelake. The yield on Germany's 10-year bond rose 13 basis points this week to 3.07 percent, its biggest weekly jump since May.
EasyJet PLCEasyJet surged 14% after Apollo made a takeover offer topping Castlelake.
Apollo Commercial Real Estate Finance IncApollo made a takeover offer for EasyJet, indicating potential M&A activity, but Apollo itself is not the subject.
Apollo's offer for EasyJet topped Castlelake's, indicating Castlelake's bid was outdone.