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...Executives at Apollo and MassMutual know each other well....
...The company was bought by US buyout group American Securities in 2011 before Apollo agreed to acquire it in 2014....
...Apollo Global Management originated a record $40bn of debts in the first quarter as $20bn of new insurance-related cash flowed into the US private capital group to be invested....
...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...
...Buyout firm Apollo’s lengthy pursuit of €1.6bn industrial certification group Applus has descended into a complex regulatory stand-off — a warning of how aggressive acquisition strategies can backfire....
...The move comes after Paramount’s board spurned a bid from Apollo to buy out all of the media group’s shareholders at a valuation of between $17 and $19.50 a share, according to people briefed on the matter...
...Sony and Apollo Group have approached Paramount about their intent to make a $26bn cash offer for the entertainment company, just one day before an exclusivity window is set to expire for a competing bid...
...Sony and private equity group Apollo have told Paramount Global they intend to make a $26bn cash offer for the entertainment company....
...Sony and private equity group Apollo have told Paramount Global they intend to make a $26bn cash offer for the entertainment company, just one day before an exclusivity window is set to expire for a competing...
...It concluded that Apollo’s limited partnership agreements, with pensions and sovereign wealth groups, stated that such travel and dining expenses should be borne by Apollo, not the funds and its investors...
...UBS has agreed to sell $8bn worth of senior secured financing facilities to private capital group Apollo, as it winds down non-core businesses linked to its purchase of Credit Suisse last year....
...In today’s newsletter: Apollo’s personal expenses scandal resurfaces Blockbuster US deals throw M&A a lifeline Swedish software group attracts short sellers Brother Jimmy’s and buyouts: Apollo’s expenses...
...Paramount questioned the financing of Apollo’s bid and refused to engage with the New York-based private equity group. The New York Times first reported the talks between Sony and Apollo....
...UBS has agreed to sell $8bn worth of loans to private capital group Apollo as part of a renegotiated deal to hive off a Credit Suisse business that securitised loans for assets such as yachts....
...First buyout group Apollo turned up with five approaches, although it eventually dropped its pursuit....
...Apollo has also been circling Paramount for several months and had made an offer to buy the group’s Hollywood studio for $11bn, two people briefed on the matter said....
...Skydance’s two-step deal is backed by private equity groups RedBird and KKR....
...Best known for arranging large corporate buyouts, Apollo’s business grew quickest in its rapidly expanding insurance operations, which drew the majority of the $32bn in new capital the group raised in the...
...Apollo has built more than a dozen internal debt “origination” platforms that construct and issue high grade debts for its insurer Athene and other independent groups....
...Wood’s stock languishes around 142p — a painful 41 per cent below the final takeover price offered by Apollo a year ago before the private equity group got cold feet....
...The end of the exclusive window came just a day after Sony and private equity group Apollo submitted a $26bn offer for Paramount....
...The offer comes one year on from the collapse of a £1.7bn takeover approach for Wood from buyout group Apollo....
...Hipgnosis Songs Fund has found itself at the centre of a bidding battle after Apollo-backed US investment group Concord topped a rival offer from Blackstone by raising its own approach to $1.5bn....
...John Wood Group, the FTSE 250 engineering services company, should either move its listing to the US or consider going private, said activist investor Sparta Capital Management....
...The strong showing comes amid turmoil at the media group, which is set to announce lay-offs this month....
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