News
APO
112.45
-0.99%
-1.13
*Apollo: Transaction Expected to Completed by End of 1Q 2025 >APO
Dow Jones · 7h ago
*Apollo: Transaction Has Total Enterprise Value of Y311B >APO
Dow Jones · 7h ago
*Apollo: Panasonic Holdings to Retain Minority Stake in Panasonic Automotive Systems >APO
Dow Jones · 7h ago
*Apollo Funds Announce Strategic Partnership With Panasonic Automotive Systems >APO
Dow Jones · 7h ago
*Apollo Funds Enter Agreement to Acquire Majority Stake in Panasonic Automotive Systems >APO
Dow Jones · 7h ago
New Exchange Traded Debt IPOs, March 2024
Two new ETDS achieved perfect CDx3 Compliance Scores. Two new preferred stock IPOs began trading in March. Athene and Trinity Capital Inc. Are among the companies offering new debt in March 2024. Both of them achieved perfect compliance scores. The two new IPOs are the latest in a series of preferred stock and exchange traded debt IPOs.
Seeking Alpha · 18h ago
BUZZ-LendingTree jumps on $175 mln financing from Apollo Funds
Shares of LendingTree's TREE.O rise as much as 6.1%. Company has secured up to $175 mln in financing from Apollo Funds. Moody's expects company to use proceeds to repay existing debt. Online lending marketplace's shares up 35.2% in 2013.
Reuters · 21h ago
BUZZ-TD Synnex falls as Apollo slashes stake in upsized secondary offering
Shares of IT solutions co TD Synnex SNX.N down 5.7% at $109.40 before the bell after secondary offering priced. Apollo Global Management slashes stake in upsized secondary offering. Co to repurchase 500,000 of offering shares. Apollo's holdings reduced from 19.8% to about 8%.
Reuters · 1d ago
Why The Market May Be About To Get Turned Upside Down
Tech stocks, especially AI-related stocks like NVIDIA, have soared to new heights so far in 2024. Several other sectors have been left behind. The underlying fundamentals and macro trends imply the market's current trend could be about to get turned upside down. In this article, we look at the recent winners and losers in the market. We also share why we think the winning sectors are nearly out of runway.
Seeking Alpha · 1d ago
Apollo to Announce First Quarter 2024 Financial Results on May 2, 2024
Apollo plans to release financial results for the first quarter 2024 on Thursday, May 2, 2024. Management will review Apollo’s financial results at 8:30 am ET via public webcast. The event will be held before the opening of trading on the New York Stock Exchange.
Barchart · 1d ago
Paramount (NASDAQ:PARA) Rallies after Getting Cut to Junk Status
TipRanks · 1d ago
BUZZ-TD Synnex down as Apollo to halve stake in secondary offering
Shares of IT solutions firm TD Synnex SNX.N down 4.3% at $111 in extended trading on secondary offering launch. Apollo Global Management to sell 9 mln shares in secondary offering. Apollo owns 20% stake in the company. SNX shares closed up 6.5% on Tuesday.
Reuters · 1d ago
Paramount cut to junk at S&P; that may ease acquisition, Wells Fargo says
Paramount Global's long-term debt rating has been cut to junk at S&P. Wells Fargo says that may ease an acquisition of the company easier. The company's studios may be attractive to a buyer. S&p cut Paramount's rating to BB+ from BBB- due to declining credit metrics.
Seeking Alpha · 1d ago
Closing Chapter: UBS And Apollo Wrap Up Agreements, Marking Carve-Out Of Former Credit Suisse Business
UBS Group AG inked a deal with Apollo Global Management Inc. To purchase senior secured financing facilities worth $8 billion. The deal is part of UBS’ strategy of winding down and simplifying its Non-Core and Legacy portfolio. UBS expects to recognize a gain of $0.3 billion from the deal.
Benzinga · 1d ago
UBS, Apollo's Atlas SP end transition agreement, another milestone in Credit Suisse saga
UBS, Apollo's Atlas SP end transition agreement, another milestone in Credit Suisse saga. As part of the agreement, Apollo will buy $8B of senior secured financing facilities from UBS. The transition agreement traces to Credit suisse's liquidity crunch in 2022.
Seeking Alpha · 2d ago
UPDATE 1-UBS sells $8 bln of Credit Suisse assets to Apollo
UBS sells $8 bln of Credit Suisse assets to Apollo Global Management. UBS expects to make a gain of about $300 million from the deal in the first quarter of 2024. Deal is part of UBS's efforts to wind down -core assets after takeover of the bank.
Reuters · 2d ago
UBS, Apollo Complete Carveout of Former Credit Suisse Business -- Update
UBS Group and Apollo Global Management agree to end deals for management of Credit Suisse's former securitized products business. The move is part of UBS's efforts to integrate its former rival. Apollo will buy $8 billion of senior secured financing facilities from UBS. UBS expects to book a gain in the first quarter.
Dow Jones · 2d ago
UBS concludes transfer of Credit Suisse securitization business to Apollo
UBS concludes transfer of Credit Suisse securitization business to Apollo Global Management. Under the deal, Apollo will purchase from UBS $8 billion of "senior secured financing facilities" UBS acquired credit suisse in 2023. UBS is trying to wind down its -core legacy portfolio.
Reuters · 2d ago
UBS, Apollo to End Deals Managing Former Credit Suisse Unit
UBS Group and Apollo Global Management agree to end deals for Credit Suisse's former securitized products business. Apollo will buy $8 billion of senior secured financing facilities from UBS. The move marks the final step in Apollo's carve-out of Atlas SP.
Dow Jones · 2d ago
*Correct: UBS Group, Apollo to Conclude Investment Management and Transition Services Agreements
Dow Jones · 2d ago
More
Webull provides a variety of real-time APO stock news. You can receive the latest news about Apollo Global Mgmt Inc through multiple platforms. This information may help you make smarter investment decisions.
About APO
Apollo Global Management, Inc. is a global alternative asset manager and a retirement services provider. It operates in three segments: Asset Management, Retirement Services and Principal Investing. The Asset Management segment focuses on three investing strategies: yield, hybrid, and equity. These strategies reflect the range of investment capabilities across its platform based on relative risk and return. The Retirement Services business is conducted by Athene Holding Ltd (Athene), a financial services company that specializes in issuing, reinsuring, and acquiring retirement savings products designed for the increasing number of individuals and institutions seeking to fund retirement needs. Athene product lines include annuities and funding agreements. The Principal Investing segment includes realized performance fee income, realized investment income from its balance sheet investments, and certain allocable expenses related to corporate functions supporting the entire company.