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Apollo Global Management, Inc. (APO)
After hours:
- Financial Times
Apollo and Marcelo Claure in talks over buyout of LatAm telecom Millicom
Buyout group Apollo Global Management and former SoftBank executive Marcelo Claure are in talks with Millicom International Cellular about a takeover that could value the Latin American telecoms company at about $10bn, including debt, said people briefed on the matter. Luxembourg-based Millicom confirmed the talks in a statement on Wednesday, after the Financial Times first reported that Apollo and Claure had partnered for a potential deal.
- Zacks
Looking for a Growth Stock? 3 Reasons Why Apollo Global Management Inc. (APO) is a Solid Choice
Apollo Global Management Inc. (APO) could produce exceptional returns because of its solid growth attributes.
- Reuters
Direct ChassisLink changes hands in $3.6 billion deal-sources
A consortium comprising a Singapore sovereign wealth fund, a Canadian pension fund and a British investment manager has acquired chassis lessor Direct ChassisLink from buyout firms Apollo Global Management Inc and EQT Partners AB for about $3.6 billion, including debt, people familiar with the matter said on Thursday. The deal's completion brings one of the largest chassis lessors in the United States under the control of Singapore's GIC, the infrastructure investment arm of Canada's OMERS and London-based investment firm Wren House. The deal marks a win for Apollo, which acquired a majority stake in Charlotte, North Carolina-based Direct ChassisLink and logistics and digital supply chain solutions company Blume Global from EQT in 2019 for around $2.5 billion, including debt.
