Tag: $Apollo Global Management

Bayer has agreed to sell a minority stake in its contraceptives business to Apollo Global Management in a €3bn deal, as the German pharmaceuticals group seeks to shore up its finances after years of costly US litigation over its Roundup weedkiller.

EasyJet stock soared Friday after the budget carrier said it is considering a $7.7 billion takeover bid from Apollo Global Management, putting the airline at the center of a private equity bidding war.

Apollo is limiting investor redemptions in its main retail-focused private credit fund after withdrawal requests rose to 17% during the second quarter.

The latest private debt fund to limit redemptions by its wealthy investors is the $25 billion Apollo Debt Solutions.

U.S. fund Apollo’s (APO) ‌sports investment arm Apollo Sports Capital will complete the ​acquisition of 55% ​of Spanish football club Atletico ⁠Madrid on March ​12, Spanish newspaper Expansion ​said on Monday, citing sources.

On Monday, Apollo Global Management, Inc. (APO) reported fourth quarter earnings that significantly exceeded analyst expectations, with adjusted earnings per share of $2.47 beating estimates by $0.43 and revenue of $9.86 billion nearly doubling the consensus estimate of $5.3 billion.

U.S. asset management giant Apollo is set to provide a £4.5 billion ($6 billion) loan to plug a shortfall facing U.K. nuclear project Hinkley Point.

BP has agreed to sell a stake in a firm invested in the TANAP gas pipeline linking Azerbaijan and Turkey for $1 billion to Apollo Global Management, the two firms said on Friday.

Apollo Global Management is buying a publicly traded real-estate investment firm in a bid to fill a gap in its investment offerings. The deal will nearly double Apollo’s real-estate assets under management to more than $110 billion, making it a major player in an area it hasn’t historically dominated.

Apollo Global Management is considering investing as much as 1.5 trillion yen ($9.5 billion) in a management buyout of Japan’s Seven & i Holdings, Bloomberg News said on Friday, citing several people with knowledge of the matter.

Apollo Global Management plans to expand in Japan and add staff to its Asia wealth business, its regional top executive said, as global investment firms pump more resources into the region to capitalise on a surge in deals and assets.