Previous close | 19.08 |
Open | N/A |
Bid | 24.00 |
Ask | 28.50 |
Strike | 40.00 |
Expiry date | 2025-01-17 |
Day's range | 19.08 - 19.08 |
Contract range | N/A |
Volume | |
Open interest | 10 |
Dai Nippon Printing Co, Japan Investment Corp and KKR & Co have also expressed interest in the stake, the report said, citing people familiar with the matter. Fujitsu's stake is valued at around $2.7 billion based on the latest stock price of Shinko, Bloomberg reported.
(Bloomberg) -- Apollo Global Management Inc. is buying United Living, a UK provider of maintenance and construction services focused on the affordable housing sector, as the private-equity firm steps up investments dedicated to social responsibility.Most Read from BloombergPutin Orders Tighter Defenses After Drone Strikes on MoscowWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesTaiwan Rushes to Prevent China From Cutting Internet, PhonesStock Rally Hits a Wall After AI-Drive
A New York state judge on Wednesday dismissed a lawsuit accusing Apollo Global Management Inc billionaire co-founder Leon Black of defaming a woman by falsely claiming she tried to extort him after accusing him of rape. Justice David Cohen said the accuser, Guzel Ganieva, could not pursue her claims after receiving $9.5 million from Black under a nondisclosure agreement that followed their six-year relationship, which ended in 2014. Cohen said Ganieva's acceptance of Black's payments and decision not to contest the nondisclosure agreement barred her from claiming she signed it under duress.
(Bloomberg) -- A seemingly technical clash between a bankrupt mattress seller and Apollo Global Management Inc. over debt repayments escalated into accusations of fraud and perjury, after contentious testimony from a private equity executive.Serta Simmons Bedding LLC’s bid to win court approval for its restructuring plan has been bogged down by a fight with lenders, including Apollo, who claim a now-infamous refinancing deal in 2020 unfairly pushed some creditors down the repayment line. But on
Dividend-paying stocks should be in demand as investors try to safeguard their portfolios. Five Such stocks are: BAP, APO,NBHC, HLI and TTEK.
The latest investor updates on stocks that are trending on Monday.
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
(Bloomberg) -- THG Plc shares plunged Friday after ending talks with Apollo Global Management Inc. in the latest failed takeover attempt of the struggling UK online retailer. Most Read from BloombergElon Musk Picks Linda Yaccarino as Next Twitter CEOFlorida’s Money Man Threatens to Cut Ties With Bank of America, Wells FargoKen Griffin’s Hand-Picked Math Prodigy Runs Market-Making EmpireTesla Recalls Virtually Every Car It Has Sold in ChinaYellen Says ‘We Have to Default’ on Something If Congress
(Reuters) -British online retail platform THG Plc ended talks with Apollo Global Management on Friday, saying there was "no merit" in further discussions after it rejected the private equity firm's buyout proposal based on "inadequate valuations". Apollo, in a separate statement, said it no longer planned to make an offer for the British company, which owns beauty and nutrition e-commerce sites as well as an online platform serving third-party brands. After a bumper $7 billion London IPO in 2020, THG has had several setbacks including profit warnings that have weighed heavily on its shares and led to several takeover approaches, all of which have been rejected either publicly or privately.
Blackstone Inc and Apollo Global Management were among about 20 bidders for some assets of collapsed Silicon Valley Bank, the Federal Deposit Insurance Corporation (FDIC) said on Wednesday. PNC Financial Services, Valley Bank, Citizens Bank and BankUnited were also among the bidders, the FDIC said in a summary document, adding that one or more bidders submitted more than one bid.
(Bloomberg) -- Josh Harris, the Apollo Global Management Inc. co-founder who left the company last year, has sold more than $100 million of shares in the private equity firm over the past three weeks as the deal he’s leading to buy the NFL’s Washington Commanders takes shape.Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimUS Inflation Shows Signs of Moderating, Giving Fed Room to PauseTreasuries Advance After CPI; Stocks Edge Higher: Markets WrapHedge
(Bloomberg) -- Apollo Global Management Inc. expects commitments for its 10th flagship private equity fund to reach the “low $20 billion range,” falling short of the buyout giant’s earlier $25 billion target.Most Read from BloombergVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionTrump Liable for Sex Abuse, Must Pay $5 Million to CarrollSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimItaly Intends to Exit China Belt and Road Pact as Relations SourGeorge Santos F
Every investor wants to know: what does the future hold for the stock market? "People are actually gonna need to figure out how to be good investors going forward. And we have not yet mentally adjusted. What happened over the last 10 years is abnormal." -Marc Rowan, Apollo CEO "Our outlook is more negative going forward... and more people need to catch up with us, which means that we're probably going to have more volatility and more drawdowns ahead of us." -Katie Koch, TCW CEO "Our view remains that at the moment the markets are over optimistic around where we're headed with both [interest] rates and recession." -David Hunt, PGIM CEO "I think the traditional model that is investor built is now gonna be challenged a bit as you leverage AI to be able to find unique insights. So I think the asset managers that have the bigger and broader data set that they can apply AI to are gonna have an advantage." -Jenny Johnson, Franklin Templeton CEO "It's hard to argue that the world isn't heading towards a more carbon neutral state of being. So we want to be at the forefront of that to help clients figure out what's real, what's not real, who's actually doing things versus who's just saying they're doing things." -Jeff Solmon, TD Cowen President (Disclosure: Apollo Global Management is the parent company of Yahoo and Yahoo Finance)
Apollo Global Management Inc said on Tuesday its first-quarter adjusted net income fell 8% year-on-year, missing estimates, as a jump in management fees and investment income could not offset the impact of a drop in asset sales. Like its peers, private equity firm Apollo was hit by a slump in dealmaking in the quarter that made it challenging to cash out of its private equity holdings for top dollar. Its asset management and retirement businesses, however, helped it cushion the blow.
The $500 billion-plus firm is involved in NovaWulf's offer for Celsius, according to a person familiar with the matter.
(Bloomberg) -- Braskem SA, one of the world’s top petrochemicals makers, received an offer of as much as 37.5 billion reais ($7.6 billion) from Abu Dhabi National Oil Co. and Apollo Global Management, according to people familiar with the matter. Most Read from BloombergBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresKimora Lee Says $93 Million US Wants From Tim Leissner Is Hers‘We Just Want Someone Sane’: What Happens When a Small Town Goes MAGABank Stocks Nearing a Crisis-Era T
Shares of Arconic (NYSE: ARNC) rocketed this week and were trading up 16.9% for the week as of 9:40 a.m. ET Friday, according to data provided by S&P Global Market Intelligence. The aluminum company, which primarily serves the aerospace and automotive industries, just announced its quarterly numbers, but that has nothing to do with the stock's meteoric rise. The reason behind Arconic's jump is much bigger, and it will affect every investor in the company.
The new financing arrangement if complete will help strengthen Air France-KLM’s and Air France’s balance sheet, the group said in a press release. Air France-KLM and Apollo Global Management entered into a similar solution last year where the private equity firm invested 500 million euro in the company to help repay French state aid. Earlier in April, Air France KLM agreed to revolving credit facilities (RCF) worth 2.2 billion euros, adding that these are linked to environmental, social and governance (ESG) targets.
Private equity giant Apollo Global Management (NYSE: APO) has a deal in place to acquire Arconic (NYSE: ARNC) for about $5.2 billion in cash and assumed debt. Arconic has been a company in transition for most of the last decade. Three years later, Arconic split itself again, grouping its engine products, fasteners, and other aerospace components into a separate company called Howmet Aerospace.
(Bloomberg) -- Apollo Global Management Inc. agreed to acquire aluminum-products company Arconic Corp. for about $3 billion.Most Read from BloombergChina Takes the Yuan Global in Bid to Repel a Weaponized DollarZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinTD, First Horizon End $13 Billion Merger as Regulators StallBank Drama Rages On; Apple Climbs in Late Trading: Markets WrapPacWest Is Weighing Strategic Options, Including Possible SaleThe buyout firm will pay $30 a share for the P
While Apollo Global Management, Inc. ( NYSE:APO ) shareholders are probably generally happy, the stock hasn't had...
Arconic Corp has agreed to be bought by Apollo Global Management Inc in a take-private deal valued at about $5.2 billion, the U.S. aerospace supplier said on Thursday. Shares of Pittsburgh-based Arconic jumped 27% to $28.75 on Thursday. The company, which supplies to Boeing Co, had rebuffed an almost $10 billion offer from Apollo in 2018.
COPENHAGEN/NEW YORK (Reuters) -U.S. asset manager Apollo Global Management Inc plans to apply for approval from Swedish and Danish regulators to take a majority stake in SAS AB as part of the Scandinavian airline's rescue plan, a source familiar with the matter said. The news of interest from the U.S. asset manager sent the embattled carrier's shares up as much as 14% in Wednesday morning trading. SAS has lost almost 60% of its value since it filed for Chapter 11 bankruptcy protection last July, seeking to slash costs and debt after wage talks with pilots collapsed.
Yahoo Finance is at the Milken Institute Global Conference 2023 in Beverly Hills, CA. We spoke with top CEOs and executives, including Citi CEO Jane Fraser, and others, to discuss the state of the market, private equity, the outlook for regional banking, and more. As a result of the banking crisis, Apollo Global Management CEO Marc Rowan thinks that "people are going to have to figure out how to be good investors going forward." Citi CEO Jane Fraser sees investors starting to pay more attention to the banking crisis, and hopes "that will act as an impetus to get this resolved in a bipartisan way." Regarding the banking crisis, TD Cowen President Jeff Solomon believes that "this phase of any crisis is over." (Disclosure: Apollo is the parent company of Yahoo Finance.) Video highlights: 00:00:03 - Apollo Global Management (APO) CEO Marc Rowan 00:00:36 - Citi (C) CEO Jane Fraser 00:01:08 - TD (TD) Cowen President Jeff Solomon Special Coverage: Highlights, big interviews, and more from the Milken Institute Global Conference
Apollo Global Management CEO Marc Rowan has a playbook ready for tighter financial conditions.