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...The company was bought by US buyout group American Securities in 2011 before Apollo agreed to acquire it in 2014....
...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....
...Other investment outfits inside Brookfield’s credit group include European credit manager LCM Partners, a stake in music royalty group Primary Wave, and a technology-focused lender called Pinegrove, in which...
...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 private equity group Apollo have told Paramount Global they intend to make a $26bn cash offer for the entertainment company....
...The end of the exclusive window came just a day after Sony and private equity group Apollo submitted a $26bn offer for Paramount....
...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....
...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....
...It also comes amid pressure from a competing takeover effort being prepared by Apollo Global. Last month, Paramount rejected a $26bn all-cash offer by the private equity group....
...In the end, the Fenway-led group, dubbed Strategic Sports Group, stepped to the front of the line....
...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....
...Whitehurst will become executive chair and return to private equity group Silver Lake....
...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...
...The menu on Apollo 17 was limited....
...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...
...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....
...The largest alternative investment groups such as Blackstone, Apollo and KKR have created “retail” funds that are easy for investors to get into, making brokerage offerings increasingly bland....
...In 2011, he made an exception for IBM, placing a $10.9bn bet on the IT group, which proved to be a failure....
...Multiple parties challenged the Apollo DIP with their own counter-offers....
...The corporate shape-shifting comes as it and competitors Blackstone and Apollo Global Management have also reoriented their operations in recent years to appeal to the tastes of stockholders....
...Private equity group Apollo recently expressed interest, while Paramount shares jumped as much as 13.5 per cent this week after media entrepreneur Byron Allen made a $14.3bn bid to buy all of the group’s...
...Their reluctance to lend meant the industry ceded market share to private credit investors including Ares, Apollo, Blackstone and Sixth Street....
...roughly $15bn buyout of Toshiba Corporation — is happening in Tokyo, not New York, and involves Japan Industrial Partners and not any of the typical American buyout stalwarts, such as Blackstone, KKR and Apollo...
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