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Related Special Reports
...Apollo went public with it in 2017, before BC Partners took it private again in a $2.1bn deal two years later....
...Anschutz Entertainment Group, which owns London’s O2 Arena, and German ticketing group CTS Eventim, with which AEG co-owns London’s Hammersmith Apollo, were among them, they added....
...These types of asset-backed debts have become hotly coveted in the private capital industry as large managers such as Brookfield, Apollo Global and KKR manage insurance-based investment assets, generating...
...Per Bloomberg: Apollo Global Management Inc bet on the longevity of senior citizens by acquiring illegal life insurance policies and funneling the payouts through shell entities, according to a new lawsuit...
...Apollo and Bird’s second-lien lenders have agreed to provide $25mn in financing to keep the motor running while it restructures in court....
...The $26bn value of Apollo’s takeover offer included debt....
...The company has lined up $25mn in “debtor-in-possession” financing from lenders including MidCap Financial, a unit of Apollo Global Management, to cover its reorganisation....
...While Sony and Apollo are providing all of the equity financing to the bid, Legendary Entertainment, an existing Apollo investment that recently released the blockbuster Dune: Part Two, would also form part...
...Paramount and Apollo did not immediately reply to a request for comment....
...Even though Redstone seems to want Ellison to buy the company, some investors think Apollo’s offer gives shareholders a better premium....
...The special committee agreed at the weekend to open talks with Apollo, according to a person familiar with the situation....
...At some point between 240p and Apollo’s opening gambit of 200p, a deal should have been done. But a New York listing would do little to solve Wood’s woes....
...Now, Apollo is preparing a bid alongside Sony Entertainment that could be unveiled as early as this week....
...Paired with the Apollo-clad Cantlay this week is his amateur playing partner, Egon Durban, the Silver Lake co-chief executive....
...But the most famous version is Anthony Minghella’s The Talented Mr Ripley, a sublime adaptation in which the quietly protean Matt Damon plays Ripley opposite Jude Law, as Dickie Greenleaf, the sunny Apollo...
...The Apollo proposal also featured a “roll-up” component that would have given Apollo’s earlier $500mn secured loan to Yellow “superpriority” status alongside the DIP loan, putting it first in line for repayment...
...News round-up BBVA reveals Sabadell bid valuing rival at €12bn (FT) Inside Apollo’s alleged grim-reaper gamble (FT) Embraer explores options for aircraft to rival Airbus and Boeing (FT) Nord Anglia draws...
...One scoop to start: Apollo has sold a stake in the lending business it acquired from Credit Suisse last year shortly before the Swiss bank’s shotgun rescue by UBS, securing a multibillion-dollar investment...
...premium to Apollo’s purchase price....
...The likes of Blackstone and Apollo have rejigged their internal accounting to shove employee pay into the distinct performance fee silo in order to prop up management fee margins....
...Apollo’s Torsten Sløk argues that the AI hype might be beginning to fade, judging by the number of time iterations of AI have been mentioned in quarterly earnings calls....
...BDO converted to an ESOP in August, using $1.3bn in debt financing from Apollo Global Management, saying this would help retain staff at a time when accounting firms are struggling with a shortage of people...
...Whenever Jain does retire, his successor will inherit a market that has recently seen buyout groups, including Apollo, KKR and Blackstone, push into it, creating a new breed of insurance-investment empires...
...An appalling tragedy leaves Apollo with trauma to process and a mystery to solve....
...As Rowan said on Apollo’s third-quarter earnings call: “When I talk about private credit, I’m really talking about the secular change as a result of debanking....
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