Daily Recap

Friday, 10 July 2026

Dealmaking set the tone in business today. easyJet moved toward a possible £5.7 billion sale to Apollo, with its board minded to back the private equity firm’s all-cash approach after it topped Castlelake’s earlier bid, raising the prospect of a full-blown auction for the airline. In telecoms, Vodafone gained a powerful new anchor investor as French billionaire Xavier Niel agreed a roughly £4.4 billion purchase of e&’s stake, making him the group’s largest shareholder at a pivotal moment in its restructuring. In Asia, Shein cleared a major hurdle after China’s securities regulator approved plans for a Hong Kong IPO, potentially ending years of delay and giving the fast-fashion giant a new route to market despite lingering scrutiny. Elsewhere, Canadian Utilities declared dividends across several preferred share classes, while Restaurant Brands International disclosed an insider ownership filing.

Recap for Friday, 10 July 2026

Photos from today's Business coverage
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