Carl Weathers, who lit up screen as Apollo Creed in ‘Rocky,’ dead at 76
By Daniel Trotta (Reuters) -Actor Carl Weathers, a former professional American football player who shot to stardom by playing the brash and charismatic boxer Apollo Creed in the “Rocky” movies, died on…
Apollo Global pulls out of Yellow’s bankruptcy financing plan
(Reuters) – Apollo Global Management is selling off a $500 million term loan given to Yellow Corp and dropping plans to extend financing to fund the freight group’s bankruptcy, the Financial Times…
Private equity firm Apollo makes $1.33 billion bid for Spain’s Applus
MADRID (Reuters) -U.S. buyout firm Apollo made a cash bid for Applus Services on Friday which values the Spanish industrial testing company at 1.23 billion euros ($1.33 billion). Apollo said in a…
Chipmaker Wolfspeed secures $1.25 billion in debt funding led by Apollo Global
(Reuters) – Wolfspeed said on Monday that a group led by Apollo Global Management would make a debt investment of $1.25 billion in the chipmaker, with room for an additional $750 million,…
Apollo Global leads debt investment in chipmaker Wolfspeed – media
(Reuters) – A group of investors led by Apollo Global Management is making a debt investment between $1 billion to $2 billion in chipmaker Wolfspeed to support its expansion in the U.S.,…
Apollo, Bain, possible bidders for Fujitsu’s $2.7 billion stake in Shinko – Bloomberg News
(Reuters) – Fujitsu Ltd’s controlling stake in Shinko Electric Industries Co has attracted interests from Apollo Global Management Inc and Bain Capital as potential bidders, Bloomberg News reported on Wednesday. Dai Nippon…
Apollo Global Q1 earnings fall 8%, missing estimates
By Chibuike Oguh NEW YORK (Reuters) – Apollo Global Management Inc said on Tuesday its first-quarter adjusted net income fell 8% year-on-year, missing estimates, as a jump in management fees and investment…
Apollo Global nears deal to buy Arconic for $3 billion – WSJ
(Reuters) -Private-equity firm Apollo Global Management is nearing a deal to buy U.S. aluminum products maker Arconic, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. The deal,…
SAS will not use second tranche of $700 million Apollo loan
COPENHAGEN (Reuters) – SAS will not be using the second tranche of its $700 million debtor-in-possession (DIP) term loan in the second quarter of the year, due to stronger than expected development…
Apollo Global appoints former U.S. Senator Patrick Toomey to board
(Reuters) – Apollo Global Management Inc said on Wednesday former U.S. Senator Patrick Toomey has been appointed to its board, effective March 15. In a political career spanning decades, Toomey represented Pennsylvania…
Last Remaining Apollo 7 Astronaut Dead At 90
Last Remaining Apollo 7 Astronaut Dead At 90 Alexa Schwerha on January 4, 2023 Walter Cunningham, the last surviving member of the Apollo 7 crew, died at the age of 90 Tuesday…
Citi Mexico suitor Mifel enlists Apollo, ADIA to fund bid -sources
By Pablo Mayo Cerqueiro and David French LONDON/NEW YORK (Reuters) – Mexico’s Banca Mifel has lined up investors including Apollo Global Management and the Abu Dhabi Investment Authority (ADIA) to fund a…
Apollo, Gemini astronaut James McDivitt dies at age 93
By Joey Roulette WASHINGTON (Reuters) – James McDivitt, a former U.S. astronaut who commanded some of NASA’s earliest and most ambitious missions in space, died in his sleep last week at age…
Apollo names former German regulator chief as senior adviser
FRANKFURT (Reuters) -Global investor Apollo has appointed the former president of Germany’s financial regulator, Felix Hufeld, as a senior adviser, he confirmed on Wednesday. Hufeld, a prominent figure in German finance who…
Apollo in talks to provide up to $2 billion in financing for Kohl’s sale – source
By Chibuike Oguh (Reuters) – Apollo Global Management Inc is in talks to provide up to $2 billion in debt financing for the potential acquisition of department store chain Kohl’s Corp by…
Apollo Global Management’s Q1 earnings rise threefold
By Chibuike Oguh (Reuters) – Apollo Global Management Inc said on Thursday its first-quarter earnings jumped more than three times thanks to strong growth in income from management fees and profit from…
India’s Reliance, Apollo Global plan joint bid for Walgreens’ Boots business
(Reuters) -Indian conglomerate Reliance Industries Ltd and U.S. buyout firm Apollo Global Management are planning a joint bid for UK high street pharmacy chain Boots, a spokesperson for Apollo confirmed on Wednesday.…
Apollo drops takeover offer for education group Pearson
By Kate Holton (Reuters) -Education group Pearson said on Wednesday it had rejected a third takeover offer from Apollo, valuing it at 6.7 billion pounds ($8.8 billion), prompting the U.S. investment company…
Apollo Infrastructure fund buys 49% stake in Spain’s Primafrio
By Andres Gonzalez and Isla Binnie MADRID – Apollo Infrastructure, a unit of investment firm Apollo Global Management Inc, has agreed to buy a stake in Spanish road freight operator Primafrio, the…
Apollo CEO says Ukraine conflict could weigh on interest rate rises
By Chibuike Oguh – Apollo Global Management Inc Chief Executive Marc Rowan said on Tuesday that Russia’s invasion of Ukraine could temper interest rate rises by central banks and that he expected…
Apollo Man Charged with Meth Possession
PITTSBURGH, PA – One resident of Apollo, Pennsylvania, has been indicted by a federal grand jury in Pittsburgh on a charge of violating federal narcotics laws, United States Attorney Cindy K. Chung…
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