easyJet Group has extended Castlelake’s regulatory deadline for the investment company to submit a firm takeover offer and match it to that of fellow bidder Apollo Global Management. The extension means both bidders must submit firm intentions to make an offer by August 7, 2026, at 1700L (1600Z). The LCC’s decision comes after Apollo submitted a proposal to acquire the group for approximately GBP5.7 billion pounds (USD7.7 billion), outbidding Castlelake’s bid of GBP5.2 billion (USD7 billion).