SK Hynix’s US Trading Debut, EasyJet Gets £5.7 Billion Apollo Bid | The Opening Trade 7/10/2026

SK Hynix raised $26.5 billion through an American depositary receipt offering on July 10, 2026, marking the largest US first-time share sale by a foreign company. The South Korean memory chipmaker's offering follows increased demand from investors funding artificial intelligence infrastructure expansion. EasyJet received a takeover bid from Apollo Global Management at 715 pence per share, surpassing an earlier offer from Castlelake, setting the stage for competing bids from the two investment firms.

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