Apollo Global Management, LLC Class A Common Shares Representing Class A Limitied Liability Company Interests (APO) News

Apollo Global Management, LLC Class A Common Shares Representing Class A Limitied Liability Company Interests (APO): $52.51

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APO News Highlights

  • For APO, its 30 day story count is now at 55.
  • Over the past 25 days, the trend for APO's stories per day has been choppy and unclear. It has oscillated between 1 and 12.
  • The most mentioned tickers in articles about APO are RS, COMP and III.

Latest APO News From Around the Web

Below are the latest news stories about Apollo Global Management Inc that investors may wish to consider to help them evaluate APO as an investment opportunity.

MidCap Financial Issuer Trust -- Moody's assigns first-time B1 long-term senior unsecured rating to MidCap's senior unsecured notes

Rating Action: Moody's assigns first-time B1 long-term senior unsecured rating to MidCap's senior unsecured notesGlobal Credit Research - 19 Apr 2021New York, April 19, 2021 -- Moody's Investors Service ("Moody's") has assigned a first-time long-term corporate family rating (CFR) of Ba3 and a first-time long-term senior unsecured rating of B1 to MidCap Financial Issuer Trust (MidCap Financial), a wholly owned subsidiary of MidCap Finco Intermediate Holdings Limited (MidCap), a commercial lender managed by Apollo Global Management, Inc (Apollo). As of 31 December 2020, MidCap had approximately $8 billion in gross loans outstanding.Today's rating action follows MidCap's announcement that MidCap Financial would issue $825 million in senior unsecured notes maturing in 2028. The notes are ...

Yahoo | April 19, 2021

Apollo and Toto May Make Offer for Atlantia Highway Unit, Papers Say

(Bloomberg) -- Apollo Global Management Inc. and Toto Holding SpA may offer to buy control of Atlantia SpA’s Italian toll-road unit, La Stampa and other Italian newspapers reported Sunday.The U.S. investment firm and Italy’s Toto want to jump back into the running for control of Autostrade per l’Italia SpA following the move Friday by Spanish construction company Actividades de Construccion y Servicios SA to reaffirm its own interest in buying the unit, La Repubblica said, citing “financial sources.”Atlantia, whose biggest shareholder is the billionaire Benetton family, is selling its 88% stake in Autostrade following a deadly 2018 bridge collapse on a section of highway managed by the unit.An investor group led by Italian state-backed lender Cassa Depositi e Prestiti SpA has already ma...

Yahoo | April 18, 2021

Apollo Funds to Acquire Majority Control of ABC Technologies Holdings Inc.

ABC Technologies Holdings Inc. (TSX: ABCT) ("ABC Technologies", "ABC" or the "Company") announced today that its majority shareholder, ABC Group Canada LP ("ABC LP"), an affiliate of funds managed by Cerberus Capital Management, L.P., ("Cerberus") has entered into a share purchase agreement (the "Agreement"), with certain funds (the "Apollo Funds") managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) ("Apollo") to sell a majority stake in the Company to the Apollo Funds.

Yahoo | April 13, 2021

Robert Kraft resigns from Apollo board amid Epstein controversy

New England Patriots Owner Robert Kraft has left the board of Apollo Global Management, the private-equity giant that lately has been grappling with controversy over a co-founder’s ties to Jeffrey Epstein. Kraft, who had joined Apollo’s board in 2014, quietly stepped down as a director last week, according to a Friday securities filing. The filing…

New York Post | April 12, 2021

University of Phoenix’s Accreditation and Affiliations Demonstrates Its Commitment to High Standards

Aiming to provide adults with the higher education they need to succeed in the workplace, John Sperling, PhD, founded University of Phoenix. The Cambridge-educated economist, professor and entrepreneur saw a need for change within the workplace. Accredited by the Higher Learning Commission (hlcommission.org), the University offers higher education opportunities to help students foster their knowledge […]

Yahoo | April 12, 2021

Apollo Global Management to Announce First Quarter 2021 Financial Results

NEW YORK, April 12, 2021 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) announced today that it plans to release its financial results for the first quarter 2021 on Monday, May 03, 2021, after the closing of trading on the New York Stock Exchange. Management will host a conference call to review Apollo’s financial results on Tuesday, May 04, 2021 at 8:30 a.m. ET. The conference call may be accessed by dialing (833) 614-1406 (U.S. domestic) or +1 (914) 987-7127 (international), and providing conference call ID 5576528 when prompted by the operator. The number should be dialed at least ten minutes prior to the start of the call. A simultaneous webcast of the conference call will be available to the public on a listen-...

Yahoo | April 12, 2021

UAE’s Mubadala May Join $12 Billion Aramco Oil Pipelines Deal

(Bloomberg) -- An Abu Dhabi sovereign wealth fund may join a group investing in Saudi Aramco’s oil pipelines, in a deal set to be backed by a loan of around $10.5 billion.Mubadala Investment Co., a fund with $232 billion of assets, is in talks with U.S. investor EIG Global Energy Partners LLC, the lead member of the consortium, according to a Mubadala spokesperson.Aramco has helped put together the loan, which the group will use to fund the transaction, according to other people familiar with the matter. BNP Paribas SA, Citigroup Inc., HSBC Holdings Plc and Mizuho Financial Group Inc are among the lenders, said the people. All four banks declined to comment.Washington-based EIG and Aramco, the world’s largest oil company, announced the $12.4 billion deal late Friday. The investors will ...

Yahoo | April 12, 2021

RE Royalties: The Market Has Completely Missed This ESG Play

Photo by Thinnapob/iStock via Getty Images Sometimes while browsing for companies, I stumble across gems that I wasn't even looking for. While looking into an obscure royalties business, Pardee Resources (PDER), I discovered RE Royalties (RROYF) (TSX.V: RE) while trying to comp different parts of Pardee's business. RE is a...

Kingdom Capital on Seeking Alpha | April 9, 2021

Apollo Announces Extension of the Tender Offer for Shares of The Michaels Companies

NEW YORK, April 08, 2021 (GLOBE NEWSWIRE) -- Magic MergeCo, Inc. (the “Purchaser”), an entity controlled by funds (the “Apollo Funds”) managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”), a leading global alternative investment manager, and The Michaels Companies, Inc. (“Michaels”) (Nasdaq: MIK) today announced an agreement to extend the offering period of the previously commenced cash tender offer by the Purchaser to purchase all of the issued and outstanding shares of common stock of Michaels to 5:00 P.M., New York City time, on April 14, 2021, unless further extended. The tender offer was previously scheduled to expire one minute after 11:59 P.M., New York City time, on April 12, 2021. Computershare Trust Company...

Yahoo | April 9, 2021

Black Says He Paid to Hide Affair, Denies It Led to Apollo Exit

(Bloomberg) -- Leon Black, who abruptly stepped down last month as chief executive officer of Apollo Global Management Inc., said he made payments for years to keep a consensual affair secret and that accusations over the episode on social media had nothing to do with his departure.Black, 69, denied allegations levied by Guzel Ganieva on Twitter, who wrote in little-noticed posts in mid-March: “I was sexually harassed and abused by him for years” and ultimately “forced” to sign a non-disclosure agreement in 2015. Black issued a statement after the New York Post reported that at least four Apollo board members had become aware of her tweets by the time he handed off his post March 21, citing unspecified health issues for himself and his wife.“I foolishly had a consensual affair with Ms. ...

Yahoo | April 9, 2021

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