Apollo raises Athene stake in bid to boost its value
27 Oct Apollo raises Athene stake in bid to boost its value
Posted at 14:22h
in
News
by KMFSLLP
Private equity firm Apollo Global
Management Inc said on Monday it had agreed to pay $1.6
billion to raise its stake in Athene Holdings, in a deal
aimed at improving the performance of the U.S. annuity services
provider’s stock.
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