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KM Financial Solutions | UPDATE 1-Apollo’s Q1 profit falls 20% as virus weighs on asset sales
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UPDATE 1-Apollo’s Q1 profit falls 20% as virus weighs on asset sales

30 Apr UPDATE 1-Apollo’s Q1 profit falls 20% as virus weighs on asset sales

Posted at 17:28h in News by
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Apollo Global Management Inc
said on Friday its first-quarter distributable earnings
fell 20%, more than Wall Street expectations, driven by a
decline in private equity asset sales amid the
coronavirus-induced market turmoil.

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