Hints and tips:
...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...The company conducted work to compare listing venues....
...Anguilla was using a legal device called a derivative lawsuit to sue the Apollo founders on behalf of the company itself, asserting legal rights that it said the company’s directors were unlikely to enforce...
...Other private equity groups including CVC have prepared plans to go public, creating expectations of a second wave of listings following the crisis-era floats of Blackstone, Apollo and KKR....
...Horta-Osório, Warburg, Altice and Apollo all declined to comment. Additional reporting by Leila Abboud and Antoine Gara...
...Apollo declined to comment. This story has been updated to incorporate comments from BDO USA, including information on the use of funds from Apollo...
...The fund will focus on Warburg’s core business of corporate buyouts and equity stakes in companies, aiming to make between 75 and 90 investments averaging about $175mn apiece....
...Skydance is offering to buy Redstone’s National Amusements, which controls 77 per cent of Paramount’s voting stock, and later merge with the two companies....
...UBS said the new arrangement with Apollo — which included the transfer of $8bn of senior secured financing facilities — would result in a $300mn net gain for the bank....
...companies at issue”....
...company [Apollo] expenses.”...
...Apollo, Brookfield, Carlyle, KKR and JPMorgan all declined to comment....
...In 2013, the private equity firm helped Michael Dell take his technology company private for a bargain, then later basked in tens of billions in profits....
...of Athene, Apollo’s life insurance and annuities subsidiary....
...Apollo has recent history in taking a run at publicly traded UK companies, although it has had limited success in getting deals done....
...Beijing cautiously backs expansion Tsinghua’s Zhang, who is also a former Baidu executive and leads the development of the company’s open-source driverless car software, Apollo, is calling for government...
...Last week, Hipgnosis agreed on a deal with its US rival Concord Chorus, backed by Apollo, to take the highly watched company private. Then on Saturday, all that changed....
...TPG sold a controlling stake in the talent agency CAA to Artémis, the holding company of the Pinault family, at a $7bn valuation....
...Tiger’s funds have borrowed hundreds of millions of dollars from Apollo in recent years to fund investments in private companies, according to securities filings....
...Its non-tech winners included Apollo Global, Eli Lilly, Airbus and online gambling company Flutter....
...it in a position to eventually join peers Blackstone and KKR as a public company....
...Apollo Global Management has shed its financial exposure to failed US trucking company Yellow, selling off a $500mn term loan and dropping plans to extend pricey financing to fund the freight group’s bankruptcy...
...And the bondholder group, led by Apollo, seemed ready to pounce, perhaps even forcing the company into a messy bankruptcy where creditors could take the keys....
...Yet two years on, Apollo’s stock price is trading at an all-time high as its assets under management have soared to $600bn, an apparent vindication of the single, integrated company....
...Growth at Apollo has mostly come from its credit investing operations, which include ownership of the insurance company Athene and more than a dozen platforms Apollo has built or acquired over the past decade...
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