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The Latest Breaking News from Apollo

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

The Guardian - UK

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

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.

Evening Standard

Shares in educational publisher Pearson slump as Apollo pulls out

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

The Guardian - UK

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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…

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

The Guardian - UK

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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Why Tenneco Shares Are Soaring Today

Why Tenneco Shares Are Soaring Today

Tenneco Inc (NYSE: TEN) is trading higher Wednesday after the company announced it will be acquired by Apollo Funds for $20 per share.

Why Tegna Shares Are Trading Higher Today?

Why Tegna Shares Are Trading Higher Today?

Standard General and Apollo Global Management Inc (NYSE:APO) agreed to acquire television broadcaster Tegna Inc (NYSE:TGNA). They will acquire Tegna in a transaction valued at $24 a share. The purchase price implied a premium of 39% on the unaffected closing share price on September 14, 2021, the last full trading day before media speculation about a…

Apollo to Invest $1.4b in Abu Dhabi Developer Aldar

Apollo to Invest $1.4b in Abu Dhabi Developer Aldar

Apollo Global Management (APO.N) will invest $1.4 billion in Abu Dhabi developer Aldar Properties (ALDAR.AD), including a land joint venture and an equity investment in the company's real estate unit, the pair said on Monday. The commitment will be made by Apollo managed funds and clients and include a $500…

Asharq Al-Awsat

Apollo Global Management Nears Acquisition Of Worldline; Cuts Quarterly Dividend After Q4 Consensus Miss

Apollo Global Management Nears Acquisition Of Worldline; Cuts Quarterly Dividend After Q4 Consensus Miss

Apollo Global Management Inc (NYSE: APO) is close to acquiring the point-of-sale terminal business of European payments company Worldline SA (OTC: WRDLY) (OTC:

US giant buys out Tamworth adhesive firm Apollo

US giant buys out Tamworth adhesive firm Apollo

HB Fuller has acquired Staffordshire outfit which this year celebrates its half century of business

Birmingham Post

Apollo introduces ‘International Second Opinion Service’

Apollo introduces ‘International Second Opinion Service’

Those seeking second opinion can consult an Apollo consultant, and express interest in the service

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