Correction: Peel Hunt
Peel Hunt was not an adviser to easyJet in the takeover by Apollo, as wrongly stated in an article on October 16. The company advised easyJet founder Sir Stelios Haji-Ioannou directly
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Acquisition
The purchase of one company by another, giving the buyer control of the target's business.
Acquisitions can speed growth for the buyer but raise competition and job concerns.
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