Hints and tips:
...Its stock portfolio includes more than $4.3bn invested in publicly traded private equity groups such as Blackstone, Apollo, Brookfield, EQT, KKR and Partners Group....
...Rising interest rates worried creditors including Apollo....
...Other firms including Apollo and TPG have made similar commitments. But higher rates are making life difficult for some groups, so the spoils left to share may fall....
...In 2014 Burger King, soon to be renamed Restaurant Brands International, bought Canada’s beloved Tim Hortons for nearly $12bn, including $3bn of financing from Warren Buffett’s Berkshire Hathaway....
...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....
...Chart of the day Warren Buffett’s Berkshire Hathaway yesterday said it sold 10mn Apple shares in the last three months of 2023....
...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...
...The rest of the Apollo money will be used to refinance BDO’s existing line of credit....
...But at this year’s annual meeting in Omaha shareholders got their best view yet of the man whom Warren Buffett regards as the answer to the succession question: 60-year-old Greg Abel....
...Last week Marc Rowan, chief executive of Apollo Global Management, warned the lucrative age for private equity groups had ended....
...The firm also owns assets including a minority stake in advisory firm Brunswick Group....
...Groups including Apollo, Blackstone, Carlyle and KKR have flooded into insurance since the global financial crisis. How to curb basis trade risk?...
...Chase Coleman’s Tiger Global has built a big stake in private equity group Apollo Global as the hedge fund looks beyond the technology investments that have been its mainstay in recent years in a hunt for...
...“[Warren] Buffett says it’s only when the tide goes out that you discover who has been swimming naked,” he said....
...According to Torsten Slok of Apollo Global Management, a private equity firm, the 10 largest firms in the S&P 500 make up 34 per cent of the index....
...Political instability forces a domestic servant out of her job and home, but she finds temporary accommodation with a group of primary sector workers....
...Apollo of the US and its annuities business Athene is one oft-cited example. But the real progenitor of the wheeze is Warren Buffett, the world’s most famous investor....
...One scoop to start: Months of talks to sell SoftBank Group-owned asset manager Fortress Investment Group to Abu Dhabi sovereign wealth fund Mubadala have reached a late stage, with the parties close to a...
...DD wonders if Warren Buffett, whose Berkshire Hathaway trimmed its bet on Activision Blizzard late last year as antitrust scrutiny heated up and sold down his stake again more recently before it surged,...
...Apollo was the major buyer....
...Apollo Global Management has named Sullivan & Cromwell partner Whitney Chatterjee its next chief legal officer....
...The group now has almost $2.5tn and its market share has grown by 10 times, from 1.5 per cent to 14.4 per cent....
...Others, such as Apollo and Blackstone, which were active then, have also begun circling investments....
...A former MLB deputy commissioner and executive at CBS and ABC Sports, Petitti succeeds Kevin Warren who will become chief executive of the NFL’s Chicago Bears....
...Albertsons additionally funded a $1.75bn dividend to the group by selling convertible preferred stock to Apollo Global Management that was secured by a portfolio of stores....
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