Posts tagged: Apollo

Apollo eyes $10 billion Millicom takeover, reveals the Financial Times

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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Chelsea FC on the block; Abramovich said to be seeking £3 billion, according to reports - Part 7

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 Intelligence

UNCOOKED ALERT: J Sainsbury said to ... - Part 2

Sunday, 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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China's HNA Group said to rekindle $3 billion Swissport sale - sources - Part 3

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 Intelligence

RARE ALERT: RPC said to... - Part 4

Tuesday, 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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Tags: RPC, Apollo