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Apollo Global Management LLC (APO.N)

APO.N on New York Stock Exchange

19.31USD
2 Dec 2016
Change (% chg)

$-0.12 (-0.62%)
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$19.43
Open
$19.47
Day's High
$19.49
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$19.08
Volume
234,055
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Latest Key Developments (Source: Significant Developments)

Bank of Italy receives three bids for small rescued banks
Friday, 22 Jul 2016 08:26am EDT 

Bank of Italy says: has received three binding offers for four small banks rescued in November . U.S. fund Apollo Global Management and private equity firm Lone Star have submitted two bids, a source close to the matter said on Thursday [nI6N19S02G] Further company coverage: [APO.N] (Reporting by Milan newsroom).  Full Article

Apollo weighing IPO of IT services firm Presidio Holdings- WSJ, citing sources
Thursday, 21 Jul 2016 03:09pm EDT 

: Apollo weighing IPO of IT services firm Presidio Holdings- WSJ, citing sources . Presidio plans to interview IPO bankers next week, listing could value it at more than $2 billion, including debt-WSJ, citing sources Source (http://on.wsj.com/29WVkdp) (Reporting by Parikshit Mishra) ((Parikshit.Mishra@thomsonreuters.com; +91 80 6749 6026;)).  Full Article

Apollo Global Management's funds announce commencement of cash tender offer
Thursday, 14 Jul 2016 04:05pm EDT 

Apollo Global Management Llc :Certain Funds Affiliated With Apollo Global Management announce commencement of cash tender offer to buy all shares of Diamond Resorts International.  Full Article

Ferro drawing final-round interest from Apollo, CVC - Bloomberg
Wednesday, 6 Jul 2016 01:14pm EDT 

:Ferro Corp drawing final-round interest from Apollo Global Management Llc, Cvc Capital Partners, Rhone Capital - Bloomberg, citing sources.  Full Article

Hostess Brands announces sale agreement with Gores Holdings
Tuesday, 5 Jul 2016 06:30am EDT 

Hostess Brands : Transaction introduces hostess as a publicly listed company . Hostess brands says anticipated initial enterprise value of approximately $2.3 billion . Along with $375 million cash in gores holdings' trust account, additional investors committed to participate via $350 million private placement . Gores holdings' sponsor has agreed to cancellation of a portion of 9.4 million founder shares . Transaction has been unanimously approved by boards of directors of both gores holdings and hostess . Funds managed by affiliates of apollo global management and c. Dean metropoulos and family to hold an about 42% combined stake in gores holdings after deal . Hostess brands, maker of twinkies®, announces sale agreement with gores holdings, inc. . Dean metropoulos and william toler will continue to lead company as executive chairman and chief executive officer, respectively . Gores holdings will also enter into a tax receivable agreement with sellers .Company's estimated 2016 adjusted ebitda is approximately $220 million.  Full Article

Austrian lender Raiffeisen completes sale of Slovenian unit
Thursday, 30 Jun 2016 09:26am EDT 

Raiffeisen Bank International : Says closes sale of Raiffeisen Banka in Slovenia . Says the buyer is Biser Bidco, which is owned by Apollo Global Management and the EBRD, it was agreed that the sales price would be kept confidential . Says expected deconsolidation effect on consolidated result will amount to about minus eur 53 million which has already been recognized in Q4 2015 and in Q1 2016 . Says the Slovenian Raiffeisen Leasing d.o.o. is not included in the transaction . Says at the closing it will have a slightly positive effect on RBI’s CET1 ratio (fully loaded) Further company coverage: [RBIV.VI] ((vienna.newsroom@thomsonreuters.com; +43 1 531 12 258;)).  Full Article

Diamond Resorts International to be acquired by Apollo Global Management
Wednesday, 29 Jun 2016 09:05am EDT 

Diamond Resorts International Inc : Diamond Resorts International Inc enters into definitive merger agreement to be acquired by affiliates of certain funds managed by affiliates of Apollo Global Management for $30.25 per share in cash . Deal for approximately $2.2 billion . To be acquired by affiliates of certain funds managed by affiliates of Apollo Global Management for $30.25 per share in cash . Says transaction will be completed through an all-cash tender offer . Says financing is being provided by Barclays, Royal Bank of Canada, and Jefferies . Says there is no financing condition to completion of tender offer and merger .Transaction will result in co becoming a privately held co, Diamond Resorts' shares will no longer be listed on any public market.  Full Article

Apollo Global nears deal to buy Diamond Resorts- WSJ
Wednesday, 29 Jun 2016 08:00am EDT 

: Apollo Global nears deal to buy Diamond Resorts- WSJ, citing sources Source (http://on.wsj.com/29eHgZ9) (Bengaluru Newsroom) (((+91 80 6749-1130; within U.S. +1 646 223 8780);)).  Full Article

Apollo Global Management unit's previously annnounced offering of notes priced at 99.912 pct
Wednesday, 25 May 2016 06:33am EDT 

Apollo Global Management LLC : Unit priced previously announced offering of $500 million aggregate principal amount of its 4.400 pct senior notes due 2026 .Public offering price of notes was 99.912 pct.  Full Article

Apollo Education Group shareholders approve merger agreement
Friday, 6 May 2016 04:50pm EDT 

Apollo Education Group Inc : Apollo Education Group shareholders approve merger agreement to be acquired by consortium of investors . Over 63 percent of class a shares voted at special meeting of shareholders today voted in favor of transaction . One hundred percent of class B shares voted in favor of proposals .Shareholders approved merger agreement proposed acquisition by consortium of investors, including Vistria Group, LLC.  Full Article

BRIEF-Apollo Global's Athene plans December IPO- WSJ

* Apollo Global's Athene plans to list shares in December; expected to raise over $1 billion at over $7 billion valuation - WSJ, citing sources Source text : http://on.wsj.com/2ggAoLY