APO Stock Recent News

Blackstone Group Inc. BX and Apollo Global Management Inc. APO are interested in buying all or part of the loan portfolio of SVB Financial's SIVB Silicon Valley Bank, Bloomberg reported late Monday. The two private equity firms are taking aim at the bank's $74 billion in loans as of Dec. 31 after the Federal Deposit Insurance Corp. took over the bank last week after a run on deposits.

Torsten Slok, Apollo Global Management chief economist, joins ‘Closing Bell' to discuss this morning's jobs report and comments from Atlanta Fed President Raphael Bostic that the data doesn't change his outlook.

Apollo Global Management Inc. APO, -0.58% and Sixth Street Partners LLC are not moving ahead with talks to help finance Elon Musk's $44 billion acquisition of Twitter Inc. TWTR, -1.35% , Reuters reported. Musk replied, "correct" on Twitter when answering queries about whether the two lenders are absent from the $7.1 billion in third-party equity financing package for the deal, the report said.

Apollo Global Management and Sixth Street, which both were set to provide financing for Elon Musk to buy Twitter, have backed out of those talks, Reuters wrote, citing unnamed sources. Musk and Twitter have been in a court battle following Musk's shift away from his offer to buy the company earlier this year.