Apollo Global Management LLC (APO.N)
24 May 2018
LJUBLJANA, May 23 Slovenian banks reduced bad loans to 2.3 billion euros ($2.69 billion), or 5.4 percent of all loans, by the end of March from 5.6 percent a month before, the Bank of Slovenia said on Wednesday.
Xerox Corp shares fell 4 percent on Monday after the photocopier pioneer said it scrapped a planned $6.1 billion deal to merge with Fujifilm Holdings Corp .
LJUBLJANA Slovenian banks are in good condition and have ample liquidity but should further reduce bad loans to better prepare for any downturn of the economic cycle, the acting head of the Bank of Slovenia Primoz Dolenc said on Friday.
May 4 Xerox Corp on Friday appealed a New York court ruling to block its deal with Fujifilm Holdings , just hours after the company announced that its ousted CEO and directors would remain in place. Xerox said its entire board and management team would stay, as the agreement to oust them reached with dissenting shareholders Darwin Deason and Carl Icahn expired late Thursday.
(The May 4 story was corrected to add a dropped part of the quote by Subramanian to show full context of his remark, in the third paragraph)
* Assets under management $247.4 bln in Q1 vs $248.9 bln end 2017
* APOLLO GLOBAL MANAGEMENT, LLC REPORTS FIRST QUARTER 2018 RESULTS
May 2 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:
Buyout firm Apollo Global Management LLC has approached Xerox Corp to express interest in a possible acquisition, casting new uncertainty over the U.S. printer company's $6.1 billion sale to Japan's Fujifilm Holdings , people familiar with the matter said on Wednesday.
Buyout firm Apollo Global Management LLC is seeking to raise more than $4 billion for its third natural resources-focused private equity fund, according to people familiar with the matter.