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Growth plans, earnings expansion send shares of asset manager Apollo Global Management, Inc. (APO) higher.
B is set to be acquired by Apollo Global in a $3.6 billion cash deal, offering $47.50 per share to shareholders.
NEW YORK, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) plans to release financial results for the third quarter 2024 on Tuesday, November 5, 2024, before the opening of trading on the New York Stock Exchange. Management will review Apollo's financial results at 8:30 am ET via public webcast available on Apollo's Investor Relations website at ir.apollo.com. A replay will be available one hour after the event.
LOS ANGELES , Oct. 8, 2024 /PRNewswire/ -- SCI Capital Partners LP ("SCI") today announced that it has closed a structured continuation vehicle transaction in partnership with funds managed by Apollo (NYSE: APO) (the "Apollo Funds") to support the continued growth of SCI owned companies Morton Salt and Reddy Ice. SCI will continue to control both companies.
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Barnes Group Inc. (NYSE: B) to funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO). Under the terms of the proposed transaction, shareholders of Barnes will receive $47.50 in cash for each share of Barnes that they own. KSF is seeking to determine whether this consideration and the proces.
NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (the “Issuer” and, together with its consolidated subsidiaries, “Apollo”) today announced that it has priced an offering (the “Offering”) of $500 million aggregate principal amount of its 6.000% Fixed-Rate Resettable Junior Subordinated Notes due 2054 (the “notes”).
Location-based connectivity revolutionizes crisis care in collaboration with Vibrant Emotional Health Location-based connectivity revolutionizes crisis care in collaboration with Vibrant Emotional Health
NEW YORK, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that it has entered into an agreement for Apollo affiliates and other long term investors to provide c. €1 billion to acquire a minority stake in one of Vonovia's affiliates. This commitment follows two previous €1 billion transactions between Vonovia and Apollo in 2023, related to Vonovia's real estate portfolios in Southwest Germany and Northern Germany. The latest agreement brings Apollo affiliates and funds total arranged commitments to Vonovia entities to €3 billion.
APO outlines its financial targets for 2029, indicating a strong growth trajectory. Its shares rise 5.7% following the news.
DENVER, Oct. 01, 2024 (GLOBE NEWSWIRE) -- TeleVox, the industry-leading provider of omnichannel patient relationship management (PRM) platforms, is taking its successful Practice Edition offering to the Mile High City for the annual Leaders Conference hosted by the Medical Group Management Association (MGMA). Launched in March, TeleVox Practice Edition offers a suite of services designed specifically to help physicians and their staff overcome common industry challenges, including inefficient scheduling processes, poor communication, low retention, and reputation management.