Page 39 - Apollo Global News Today

Brookfields private equity division is in discussions with Blackstone, the worlds largest alternative asset manager, to buy into PGP Glass, formerly Piramal Glass. The Canadian asset management giant is competing with US firm Platinum Equity Partners, a relatively unknown entity in India so far. The deal contours have changed as negotiations progress, with the PE suitors now seeking a stake of 65-75% with Blackstone owning the rest.

Brookfields private equity division is in active discussions with Blackstone, the worlds largest alternative asset manager, to buy into PGP Glass — formerly Piramal Glass.

MARKET WRAPS Watch For: EU PPI; Services PMI data for the Eurozone, U.K., France, Germany, Italy; trading update from Rio Tinto Opening Call: Shares may get a lift from U.S. Fed...

-- Paramount Global has entered into exclusive discussions with David Ellison-led Skydance, setting aside a $26bn offer from Apollo Global Management. The move, prompted by concerns over the...

The future of Paramount Global may be taking a new turn, with the company entering exclusive merger talks with Skydance.

Factory Mutual Insurance Co. purchased a new position in shares of Apollo Global Management, Inc. (NYSE:APO – Free Report) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 82,000 shares of the financial services provider’s stock, valued at approximately $7,642,000. Other large investors also recently made changes to their positions in the company. Nordea […]

U.S. equities rose at midday Thursday, April 4, 2024 amid optimism about the prospect of potential rate cuts by the Federal Reserve later this year following comments from Fed Chair Jerome Powell.

Presidio has more than 6,660 customers and provides secured cloud-based technology to organizations ranging from government agencies to businesses such as Amazon.com, Cisco Systems, Microsoft and Google.

Apollo Global Management made a $27 billion offer to acquire all of Paramount Global but controlling Shari Redstone declined to engage with the bid.

Paramount Global and Skydance Media have set an exclusive negotiating period to discuss the possible acquisition of the former by the latter.