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EasyJet agrees £5.7bn takeover from US private equity firm
Airline says it has accepted offer from Apollo Global Management after rival bidder Castlelake walks awayEasyJet has formally agreed to a £5.7bn takeover from US private equity firm Apollo Global Management.The airline announced it had accepted a firm offer on Thursday after a ri
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Sainsbury’s to sell Argos to three retail veterans in £120m deal
Trio set up Swift Partners for the acquisition, allowing supermarket to focus on core food businessSainsbury’s has agreed to sell the Argos retail chain for £120m to allow it to concentrate on its core food business.The supermarket announced on Friday it was selling the catalogue
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France and UK to increase staffing at border controls in effort to avert travel chaos
Disruption at Channel crossings expected to rise amid new fingerprint and facial recognition checksFrance and the UK have agreed to increase staffing at border controls in response to warnings of travel chaos caused by new fingerprinting and facial recognition checks.Disruption at Channel crossings is expected to rise sharply next weekend at the start of the summer holiday season, with MPs saying there would be “utter chaos and miles of tailbacks” unless the EU’s entry-exit system (EES