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MIAMI , Sept. 16, 2024 /PRNewswire/ -- Apartment Investment and Management Company ("Aimco") (NYSE: AIV) today announced it has secured $56 million of preferred equity from leading investment firm Sixth Street for the development of a luxury water-front rental development, located at 560-640 NE 34th Street in Miami, Florida.
Apollo Funds Acquire Freedom CNG, a Leading Provider of Renewable Natural Gas Fueling Infrastructure
HOUSTON and NEW YORK, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that Apollo-managed funds (the “Apollo Funds”) have acquired a majority interest in Freedom CNG (“Freedom”), an owner and operator of compressed natural gas (CNG) and renewable natural gas (RNG) fueling infrastructure in Texas.
NEW YORK, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that Apollo-managed funds associated with its Clean Transition Equity strategy, together with strategic minority co-investor Rettig Oy Ab (“Rettig”), have through the special purpose vehicle Project Grand Bidco (UK) Limited completed the previously announced acquisition of a 94.53% equity ownership stake in Purmo Group Plc, a leader in sustainable indoor-climate solutions. Apollo funds and Rettig will look to acquire the remaining outstanding shares through Project Grand Bidco (UK) Limited and delist Purmo Group from the Nasdaq Helsinki Stock Exchange in the near future, resulting in Apollo funds owning 80% and Rettig 20% of Purmo Group.
KATY, Texas and NEW YORK , July 31, 2024 /PRNewswire/ -- U.S. Silica Holdings, Inc. ("U.S. Silica" or the "Company"), a diversified minerals company and a leading last-mile logistics provider to the oil and gas industry, and Apollo (NYSE: APO) today announced that funds managed by affiliates of Apollo (the "Apollo Funds") have completed the previously announced acquisition of the Company. The Company will continue to operate under the U.S. Silica name and brand and will continue to be led by Bryan Shinn and the existing executive team.
NEW YORK, July 16, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) and The Travel Corporation (TTC) today announced they have entered into definitive agreement for Apollo-managed funds (the “Apollo Funds”) to acquire TTC, which has been privately owned and operated for more than a century. The transaction is comprised of 18 leading brands, including Trafalgar, a leading escorted tour operator; Uniworld Boutique River Cruises, a luxury all-inclusive river cruise line; Contiki, youth travel specialist tour company; premium guided vacation company, Insight Vacations; as well as other global travel brands and supporting business entities.
It’s another new step closer to a deal for media company Paramount (NASDAQ:PARA), as it, along with Sony (NYSE:SONY) and Apollo Global Management (NYSE:APO), have all signed non-disclosure agreements. The
Recent reports reveal Michael Sonnenshein has ended his decade-long relationship with Grayscale as he resigned from the role. Meanwhile, the company has appointed Goldman Sachs’s Peter Mintzberg as the new chief. BREAKING‼️: Grayscale CEO Michael Sonnenshein steps down. Grayscale names Peter Mintzberg from Goldman Sachs as new CEO. pic.twitter.com/bjQr5VJi3H— Swan (@Swan) May 20, 2024 Peter has worked at giants such as BlackRock and Apollo Global and held its current position for over 3.5 years. Sonnenshein’s legacies in Grayscale Investments Michael Sonnenshein’s leadership remains evident for everyone to see. Grayscale Investments transformed into a leading digital asset management company under his control. Sonnenshein led the movement that had the US Securities & Exchange Commission authorizing GBTC conversion into a spot Bitcoin exchange-traded funds. Further, he aided Grayscale in defeating the United States SEC. On his departure statement, Sonnenshein sta
NEW YORK, May 16, 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 of $750 million aggregate principal amount of its 5.800% Senior Notes due 2054 (the “notes”).
According to an Axios report, Apollo Global Management — the parent company of Yahoo — has reportedly reached out to Paramount Global (PARA, PARAA) to explore a potential deal. The private equity firm is said to be interested in either acquiring Paramount outright or purchasing some of its assets.
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