Apollo Global Mgmt (APO) Stock News

Mosaicx, a WestCX subsidiary under West Technology Group, made significant announcements at Customer Contact Week (CCW) Las Vegas 2025. The company unveiled a major update to its Engage platform, an AI-native omnichannel virtual agent solution designed for enterprise customers. The new platform moves beyond traditional intent-based workflows to enable more adaptive and personalized interactions, promising faster value delivery, reduced operational costs, and improved customer retention. Additionally, Mosaicx received the CCWomen's Best Workplace for Gender Equity award, highlighting its commitment to workplace inclusion. The company's COO Rebecca Jones participated in a panel discussion sharing insights on building an inclusive workplace. The updated Engage platform is scheduled for general availability in Q3 2025, targeting healthcare, financial services, and retail sectors.

International Game Technology PLC (NYSE: IGT) announced its global lottery organization will rebrand as Brightstar Lottery, ahead of the sale of its Gaming and Digital business to Apollo Global Management's Voyager Parent LLC. The sale is expected to complete by July 1, 2025, transforming Brightstar into a pure-play lottery business. The company serves nearly 90 lottery customers across six continents, including 26 of 46 U.S. lottery jurisdictions and seven of the world's ten largest lotteries. Post-transaction, Brightstar will trade on NYSE under ticker BRSL, while the buyer will retain the IGT brand. Led by CEO Vince Sadusky and Executive Chair Marco Sala, Brightstar aims to focus on innovation, digital adoption, and responsible growth in the lottery sector.

T.D. Williamson (TDW), a global leader in pipeline infrastructure technology and services, has secured a strategic investment from Apollo Funds (NYSE: APO). SCF Partners, which acquired TDW in June 2022, will maintain majority ownership. TDW, with over 100 years of industry experience, holds more than 500 registered patents in pipeline maintenance and integrity solutions, including advanced isolation, integrated pigging, and in-line integrity assessment technologies. The company provides comprehensive maintenance and asset optimization solutions across infrastructure and utility markets. The investment aims to accelerate strategic growth initiatives and enhance TDW's ability to serve global energy infrastructure needs.

Doral Renewables LLC and American Farmland Trust (AFT) have announced a strategic partnership to advance their Smart Solar initiative, addressing the growing need for renewable energy development on agricultural lands. The collaboration aims to develop 10 million acres of land for renewable energy by 2050, with 80% planned for agricultural lands. The partnership focuses on three key goals: protecting suitable agricultural land, enhancing farm viability, and accelerating solar energy development. Through agrivoltaics, the initiative combines solar energy generation with agriculture on the same land, promoting sustainable farming practices while enabling food production and improving environmental conditions. AFT will guide Doral on Smart Solar principles and best practices for agricultural community engagement, supporting the dual objectives of renewable energy expansion and agricultural preservation.

Mosaicx announced the launch of its next-generation AI-native CX platform Engage at CCW Las Vegas. The platform, built on 30 years of customer experience expertise, enables natural, personalized self-service conversations across voice, SMS, email, and web chat channels. As part of WestCX within the West Technology Group portfolio, Mosaicx has embedded intelligence throughout the platform to proactively anticipate and resolve customer needs. The new Engage platform, scheduled for general availability in Q3 2025, aims to reduce operational costs, improve agent productivity, and enhance customer satisfaction through intelligent automation. Mosaicx will showcase Engage at CCW Las Vegas from June 9-12, where company leaders will conduct three speaking sessions. The company has also been named a finalist in two categories of the 2025 CCW Excellence Awards.

Apollo (NYSE: APO) has announced that CFO Martin Kelly will participate in a fireside chat at the Morgan Stanley 2025 US Financials Conference. The event is scheduled for Wednesday, June 11, 2025, at 7:30 am EDT. Investors and interested parties can access the live webcast through Apollo's Investor Relations website at ir.apollo.com. A replay of the presentation will be made available for those who cannot attend the live session.

Doral Renewables has secured $1.5 billion in financing for three phases of its Mammoth Solar facility in Pulaski County, Indiana. The financing includes $1.3 billion in construction debt financing and $200 million in tax equity commitment from Truist Bank. The three projects - Mammoth South, Central I, and Central II - will each have 300 MWac capacity, forming part of the larger 1.3 GW facility. The projects will utilize 20,000 tons of Indiana steel and over 1 million US-made solar modules, capable of powering approximately 275,000 households annually. Expected to be operational by Q4 2026, the facility will incorporate agrivoltaics practices, allowing for dual-use farming activities. The financing was arranged by KeyBanc Capital Markets, Banco Santander, and HSBC Bank USA.

Apollo (NYSE: APO) has announced that Jim Zelter, President of Apollo Global Management, will participate in a fireside chat at the Bernstein 41st Annual Strategic Decisions Conference. The event is scheduled for Thursday, May 29, 2025 at 8:00 am EDT. Investors can access a live webcast of the presentation through Apollo's Investor Relations website at ir.apollo.com. A replay will be made available for those unable to attend the live session.

Doral Renewables has secured $1.5 billion in financing for three phases of its Mammoth Solar facility in Pulaski County, Indiana. The financing includes $1.3 billion in construction debt financing and $200 million in tax equity commitment from Truist Bank. The project consists of three 300 MWac installations (Mammoth South, Central I, and Central II), which are part of a larger 1.3 GW facility. The projects will utilize 20,000 tons of Indiana steel and over 1 million US-made solar modules, capable of powering approximately 275,000 households annually. Notable features include agrivoltaics implementation, allowing for dual-use farming activities. The projects, backed by long-term Power Purchase Agreements with leading utilities, are expected to commence operations in Q4 2026.