Posts tagged: Apollo
Wednesday, 25 January 2023, 4:52 pm
It's been a while since Apollo has been touted to as a potential acquirer in a large leveraged buy-out but hacks at the venerable Financial Times have done well to discover the firm is looking at purchasing Millicom, the Latin American telecoms operator.
According to the FT, Apollo has teamed up with Marcelo Claure, the former SoftBank executive, to explore a bid for the company that could value it around $10 billion, including debt...
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Thursday, 12 January 2023, 6:01 pm
I see arch rivals at Bloomberg published late last night a tale about Univar Solutions, the US-listed chemical distributor, "attracting interest" from private equity firms Apollo and Platinum. Below is the link:..
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Betaville IntelligenceFriday, 11 March 2022, 11:20 am
So, it turns out it was Apollo stalking Pearson, the FTSE 100-listed education publisher.
Below is the link to the press release:
https://www.investegate.co.uk/apollo-mgmt.-ix-l.p./rns/statement-re-possible-offer---pearson-plc/202203111105465162E/..
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Wednesday, 9 March 2022, 10:57 am
Forget about days; it would appear there is a new bidder interested in buying Chelsea Football Club every hour.
Last night it emerged Josh Harris - the former Apollo dealmaker that owns a stake in Crystal Palace - and Jamie Reuben, the son and nephew of billionaire brothers David and Simon Reuben, have both thrown their hat in the ring to buy Chelsea FC from Roman Abramovich, the Russian oligarch...
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Betaville IntelligenceMonday, 13 September 2021, 5:37 pm
Oh look - rivals at Reuters have finally decided to follow Betaville's intelligence from a couple of weeks ago about a potential takeover of Tronox Holdings, the US-listed titanium ore and zircon mining company.
Below is a link to my original alert and the Reuters follow up, which suggests Apollo has made an approach for the company...
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Betaville IntelligenceSunday, 22 August 2021, 9:10 am
Rivals at The Sunday Times have this morning gone big on the prospects of Apollo taking a 45-degree right hand turn and launching a multi-billion pound bid for J Sainsbury instead of Morrisons. Below is a link to this morning's business splash "scoop" from retail hack Sam Chambers:
https://www.thetimes.co.uk/article/bidders-train-guns-on-sainsburys-sh8228nst..
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Monday, 5 July 2021, 8:39 am
It appears The Sunday Telegraph was bang on the money with it's weekend line about Apollo Global Management coming in for WM Morrison.
So who would have thought it: a potential three-way tussle for Morrisons! Below is the link to the Apollo statement:..
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Tuesday, 11 February 2020, 7:08 am
I see Reuters is reporting that China's HNA is looking to rekindle a sale of Swissport International, the baggage handling group. Below is a link to media group's story.
https://www.reuters.com/article/us-hna-swissport-m-a/chinas-hna-steps-up-efforts-to-sell-swissport-at-big-discount-sources-idUSKBN1ZZ1WM..
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Thursday, 16 January 2020, 3:59 pm
American hedge fund Centrebridge is said to be one of the more enthusiastic parties interested in HNA's Swissport, the Swiss airport cargo handling group.
Readers might recall that Betaville reported late last year China's embattled HNA Group is once again trying to offload Swissport, the airport cargo handling group, via bankers from NM Rothschild and boutique firm Benedetto Gartland & Company...
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Betaville IntelligenceTuesday, 22 January 2019, 10:49 pm
Betaville has to admit it's puzzling that there was no deal announcement following yesterday's definitive report from the Wall Street Journal about the £3 billion takeover of RPC by Apollo being announced today.
In case you missed it, below is a link to the WSJ story following Betaville's Friday RARE on the topic:..
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