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The Latest Breaking News from Apollo

Reliance Industries and Apollo Global Management in £5bn bid for Boots

Mukesh Ambani teams up with US private equity fund, with Walgreens expected to retain minority stake

The Guardian - UK

India's Apollo Global, Reliance Make a Binding Offer For UK's Boots: Bloomberg

Apollo Global Management Inc. (NYSE:APO) and Ambani's Reliance Industries Ltd. led consortium have made a binding offer for Walgreens Boots Alliance Inc.'s (NASDAQ:WBA) international arm, reported Bloomberg, citing people familiar with the matter. The source stated that the proposal values Boots at more than £5 billion ($6.3 billion). Walgreens is seeking a valuation of around £7…

Benzinga

Retailer Missguided on brink of calling in administrators

Winding-up petition issued to fashion firm by suppliers owed millions of pounds

The Guardian - UK

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Owner of missing dog heartbroken after pet 'shot by farmer'

Mariana Caran Rossi, 28, launched a campaign in March to find her beloved Collie after the three-year-old went missing last December

Dublin Live

We’re growing plants in moon dirt now

Scientists took soil first collected during the Apollo moon missions and managed to get plants to sprout.

Mic

Surprise! Biologists find that plants can grow in Moondust returned by Apollo

Thale cress grew in the soil, but maybe not well. The materials were returned from Apollos 11, 12, and 17, proving we can eventually grow plants on the moon

Inverse

Cress seeds grown in moon dust raise hopes for lunar crops

Thale cress seeds survived but grew more slowly than those planted in volcanic ash, developing stunted roots

The Guardian - UK

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Here's Why Roku Collaborated With Apollo

Roku, Inc (NASDAQ:ROKU) has collaborated with private-equity firm Apollo Global Management, Inc (NYSE:APO) to bid for a minority stake in the pay-TV and streaming service Starz, the Wall Street Journal reports. Roku and Apollo could acquire up to a 20% stake in Starz. Still, the partners are yet to agree on a valuation with…

Benzinga

A $90 million Wharton and Wall Street partnership will prep students of color for careers in finance

A successful career in finance requires three things, according to Daniel Young: coursework, internships, and mentoring.

The Philadelphia Inquirer

Boots could be taken over by eighth richest man on earth as Mukesh Ambani in rumoured bid

He's believed to be teaming up with a US giant

Nottingham Post

Mukesh Ambani and Apollo set for Boots takeover bid

It comes after Boots’ current owner, Walgreen Boots Alliance, announced a review of the UK business.

The Independent UK

Eighth richest man on earth Mukesh Ambani rumoured to be planning joint takeover of Boots

Boots CEO Seb James stressed this month there was 'a lot of interest' in business amid fears £7bn sale had stalled

Birmingham Post

Tony’s Fresh Market sold to a private equity firm

The sale gives Apollo Global Management a deeper stake in the Chicago-area grocery market.

Chicago Sun-Times

Morning Brief: Top Financial Stories Dominating on Tuesday, April 19

CNBC US Calls For Global Agreement To End Anti-Satellite Missile Testing

Benzinga

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Evening Standard

Apollo Global ready to back Elon Musk’s Twitter takeover

One of Wall Street’s biggest private equity houses is prepared to help Elon Musk take Twitter private.

Benzinga

Apollo Global Ready To Team Up With Elon Musk For Twitter Bid: Report

Private equity firm Apollo Global Management (NYSE: APO) is open to teaming up with Tesla Inc (NASDAQ: TSLA) CEO Elon Musk or any other bidder to f

Benzinga

Another Company Considers Twitter Bid: Here's What Investors Should Know

Shares of Twitter Inc (NYSE: TWTR) ticked higher Monday afternoon on news that buyout firm Apollo Global could be the latest to put in an offer for the social media platform.

Motor1

Meet Barry Skolnick, The Newest Shareholder Of duPont REGISTRY

Our friends at duPont REGISTRY have a new investor. Let's meet him.

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The Guardian - UK

Grant Shapps’ response to P&O Ferries won’t get its sacked workers their jobs back

New powers will block ferries that pay crews below minimum wage from UK ports, which P&O will probably find acceptable

Evening Standard

FTSE report: Pearson slumps as Apollo walks away and Team17 warns on Ukraine costs

Shares in Pearson slumped to the bottom of the FTSE today after private equity group Apollo said it was no longer interested in a take private bid.

The Guardian - UK

Shares in educational publisher Pearson slump as Apollo pulls out

The company, which was on a steady recovery path, was biggest faller on FTSE 100 on Wednesday

Benzinga

Pearson Shares Soar As It Ditches Apollo's Takeover Offer Second Time

U.K. education publishing group Pearson PLC (NYSE:PSO) refused Apollo Global Management Inc's (NYSE:APO) March 7 takeover proposal for 854.2 pence per share which valued Pearson at £6.5 billion, Bloomberg reports. Previously, Pearson rejected Apollo's November cash offer of 800 pence per share, valuing Pearson at £6.1 billion ($8 billion). Pearson reasoned that the offers significantly…

The Guardian - UK

Shares in education publisher Pearson jump 20% on hopes of private equity bid

Market value increases by nearly £1bn as Apollo considers improved cash offer after £6.4bn deal rejected

The Guardian - UK

UK economy rebounds; Evraz directors resign after Abramovich sanctioned; BAT quits Russia – as it happened

Rolling coverage of the latest economic and financial news

Benzinga

Apollo Looks To Merge Yahoo Sports With Betting Companies

Apollo Global Management Inc (NYSE:APO) is discussing with sports betting companies to merge their assets with Yahoo Sports, CNBC reports. Apollo acquired Yahoo from Verizon Communications Inc (NYSE:VZ) for $5 billion in 2021. Yahoo has spoken with is Australia-based Pointsbet Holdings Ltd (OTC:PBTHF), which has a market valuation of about $760 million. Apollo and Yahoo are considering merging…

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