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Apollo Global Management LLC (APO.N)

APO.N on New York Stock Exchange

31.65USD
18 Apr 2019
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Latest Key Developments (Source: Significant Developments)

Smart & Final Agrees To Be Acquired By Funds Managed By Affiliates Of Apollo Global Management
Tuesday, 16 Apr 2019 

April 16 (Reuters) - Smart & Final Stores Inc ::SMART & FINAL AGREES TO BE ACQUIRED BY FUNDS MANAGED BY AFFILIATES OF APOLLO GLOBAL MANAGEMENT.CASH PRICE OF $6.50 PER SHARE REPRESENTS TOTAL VALUATION OF $1.12 BILLION.TRANSACTION WILL BE COMPLETED THROUGH AN ALL-CASH TENDER OFFER.MAJORITY SHAREHOLDER ARES MANAGEMENT SUPPORTS TRANSACTION.SMART & FINAL BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS THAT SMART & FINAL STOCKHOLDERS TENDER THEIR SHARES IN OFFER.TRANSACTION HAS FULLY COMMITTED FINANCING IN PLACE.UPON COMPLETION OF TRANSACTION, SMART & FINAL WILL BE A PRIVATELY HELD PORTFOLIO COMPANY OF APOLLO FUNDS.APOLLO FUNDS WILL ACQUIRE ALL OUTSTANDING SHARES OF SMART & FINAL'S COMMON STOCK FOR $6.50 PER SHARE IN CASH.  Full Article

Presidio, Inc. Announces Secondary Common Stock Offering
Tuesday, 12 Mar 2019 

Presidio Inc ::PRESIDIO, INC. ANNOUNCES SECONDARY COMMON STOCK OFFERING.SAYS OFFERING 5.00 MILLION COMMON SHARES.COMPANY IS NOT SELLING ANY SHARES AND WILL NOT RECEIVE ANY PROCEEDS FROM PROPOSED OFFERING.PRESIDIO - STOCKHOLDERS, INCLUDING AFFILIATE OF FUNDS MANAGED BY AFFILIATES OF APOLLO GLOBAL TO OFFER FOR SALE A SECONDARY OFFERING 5 MILLION OF CO'S SHARES.  Full Article

Apollo Says Eminence Capital Informed Bidder It Sold Remaining 574,465 Controlled Shares
Tuesday, 12 Feb 2019 

Feb 12 (Reuters) - APOLLO::UPDATE ON LETTER OF INTENT.ON 11 FEBRUARY 2019, EMINENCE CAPITAL INFORMED BIDDER THAT IT HAD SOLD ITS REMAINING 574,465 CONTROLLED SHARES.BIDDER GOT LOI FROM EMINENCE CAPITAL TO VOTE IN FAVOUR OF SCHEME AT COURT MEETING IN RESPECT OF A TOTAL OF 2,996,835 RPC SHARES.  Full Article

Presidio Says Secondary Offering 4.00 Million Common Shares
Thursday, 7 Feb 2019 

Presidio Inc ::PRESIDIO, INC. ANNOUNCES SECONDARY COMMON STOCK OFFERING.SAYS SECONDARY OFFERING 4.00 MILLION COMMON SHARES.  Full Article

Apollo Global Management Llc Says Qtrly Loss Per Share $1.00
Thursday, 31 Jan 2019 

Jan 31 (Reuters) - Apollo Global Management LLC ::APOLLO GLOBAL MANAGEMENT, LLC REPORTS FOURTH QUARTER AND FULL YEAR 2018 RESULTS.Q4 FEE RELATED EARNINGS PER SHARE $0.62 .Q4 EARNINGS PER SHARE ESTIMATE $-0.82 -- REFINITIV IBES DATA.INCREASED ITS AUTHORIZED SHARE REPURCHASE AMOUNT BY $250 MILLION.DECLARED A CASH DISTRIBUTION OF $0.56 PER CLASS A SHARE FOR Q4 ENDED DECEMBER 31, 2018.APOLLO GLOBAL MANAGEMENT - AT QUARTER-END, HAD TOTAL AUM OF $280.3 BILLION.APOLLO GLOBAL MANAGEMENT - QTRLY LOSS PER SHARE $1.00.QTRLY ECONOMIC NET LOSS PER SHARE $1.01.QTRLY DISTRIBUTABLE EARNING AFTER TAXES AND RELATED PAYABLES PER SHARE $0.61.AT QUARTER-END, HAS TOTAL FEE-GENERATING AUM OF $214.4 BILLION.QTRLY TOTAL REVENUE OF NEGATIVE $114.9 MILLION VERSUS POSITIVE $928.3 MILLION.  Full Article

Apollo Management Says Apollo & Rome UK Bidco Enter Into MOU With Trustees Of BPP Scheme​
Thursday, 24 Jan 2019 

Jan 24 (Reuters) - APOLLO MANAGEMENT ::ROME UK BIDCO ENTERED MOU WITH TRUSTEES OF BRITISH POLYTHENE PENSION SCHEME IN CONNECTION WITH DEAL .STATEMENT RE BPP PENSION SCHEME.MOU WITH TRUSTEES OF BPP SCHEME PROVIDES MITIGATION FOR IMPACT OF DEAL ON BPP SCHEME BY ADDITIONAL CASH CONTRIBUTIONS OF £3.8M.  Full Article

Apollo Nears Deal To Buy Arconic For More Than $10 Billion-WSJ
Tuesday, 15 Jan 2019 

Jan 15 (Reuters) - :APOLLO NEARS DEAL TO BUY ARCONIC FOR MORE THAN $10 BILLION-WSJ, CITING SOURCE.APOLLO WOULD PAY BETWEEN $21 AND $22 PER SHARE IN A DEAL THAT’S LIKELY TO BE ANNOUNCED THIS WEEK- WSJ.  Full Article

Redbox & Sony Pictures Home Entertainment Signed New Multi-Year Distribution Deal
Monday, 7 Jan 2019 

Jan 7 (Reuters) - REDBOX::REDBOX & SONY PICTURES HOME ENTERTAINMENT ANNOUNCE MULTI-YEAR, DAY-AND-DATE DEAL.REDBOX - CO & SONY PICTURES HOME ENTERTAINMENT SIGNED A NEW MULTI-YEAR DISTRIBUTION DEAL.REDBOX- NEW DEAL GOES INTO EFFECT WITH SPHE'S HOME ENTERTAINMENT RELEASES,INCLUDING GOOSEBUMPS 2, SPIDER-MAN: INTO SPIDER-VERSE, & HOLMES & WATSON.  Full Article

West Corporation Divests Remaining Legacy Call Center Operations
Wednesday, 2 Jan 2019 

Jan 2 (Reuters) - West Corporation::WEST CORP - BOARD APPROVED DIVESTITURE OF WEST REVENUE GENERATION SERVICES VIA A DIVIDEND TRANSACTION TO ITS SHAREHOLDERS, EFFECTIVE JAN 1, 2019.WEST CORP - WEST REVENUE GENERATION SERVICES WILL OPERATE AS AN INDEPENDENT COMPANY FROM WEST.WEST CORP - WEST REVENUE GENERATION SERVICES WILL CONTINUE TO BE OWNED BY AFFILIATES OF APOLLO GLOBAL MANAGEMENT LLC.  Full Article

Tiger Global Management Reports Open Market Purchase Of 1.1 Mln Shares Of Apollo Global Management At Prices Ranging From $23.00-$23.83/Share
Wednesday, 26 Dec 2018 

Dec 26 (Reuters) - Apollo Global Management LLC ::TIGER GLOBAL MANAGEMENT REPORTS OPEN MARKET PURCHASE OF 1.1 MILLION SHARES OF APOLLO GLOBAL MANAGEMENT AT PRICES RANGING FROM $23.00-$23.83/SHARE.  Full Article

US leveraged loans calendar shows green shoots

NEW YORK, April 17 (LPC) - The calendar for US leveraged loans is at the highest point of the year with new deals including drug developer Catalent Pharma Solutions’ US$1.2bn purchase of gene-therapy company Paragon Bioservices and private equity firm Apollo Global’s US$1.1bn acquisition of Smart & Final Stores providing a boost.