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Apollo Global Management, Inc. (APO)
Pre-market:
| Previous close | 58.95 |
| Open | 58.92 |
| Bid | 0.00 x 1000 |
| Ask | 59.88 x 800 |
| Day's range | 58.42 - 59.40 |
| 52-week range | 45.62 - 74.63 |
| Volume | |
| Avg. volume | 3,063,751 |
| Market cap | 35.46B |
| Beta (5Y monthly) | 1.73 |
| PE ratio (TTM) | 134.32 |
| EPS (TTM) | 0.44 |
| Earnings date | 09 Feb 2023 |
| Forward dividend & yield | 1.60 (2.17%) |
| Ex-dividend date | 17 Feb 2023 |
| 1y target est | 75.19 |
- Financial Times
Big debt investors dealt blow in mattress maker bankruptcy ruling
A US judge has dealt a blow to Apollo Global Management, Angelo Gordon and other big creditors in the bankruptcy of mattress maker Serta Simmons Bedding, in a ruling that could settle a fierce dispute on Wall Street. Federal bankruptcy judge David Jones in Houston dismissed arguments by Apollo and Angelo Gordon that they had been unfairly frozen out of a controversial $875mn loan refinancing Serta Simmons executed in 2020. The slim majority of lenders that participated in the deal were able to swap their debt into more senior loans, giving them higher standing in the bankruptcy, while Apollo and Angelo Gordon were not.
- CoinDesk
Asset Managers Blackstone, Apollo Eyeing SVB Assets: Bloomberg
SVB collapsed last week following a $42 billion bank run after it announced plans to sell $2.24 billion in new shares.
- CNW Group
Univar Solutions to be Acquired by Apollo Funds for $8.1 Billion
Univar Solutions Inc. (NYSE: UNVR) ("Univar Solutions" or the "Company") and Apollo (NYSE: APO) announced today that funds managed by affiliates of Apollo (the "Apollo Funds") have entered into a definitive merger agreement to acquire the Company in an all-cash transaction that values the Company at an enterprise value of approximately $8.1 billion. The transaction includes a minority investment from a wholly owned subsidiary of the Abu Dhabi Investment Authority ("ADIA").
