Welcome to our dedicated page for Apollo Global Mgmt news (Ticker: APO), a resource for investors and traders seeking the latest updates and insights on Apollo Global Mgmt stock.
Apollo Global Management Inc (APO) delivers alternative asset management solutions through private equity, credit strategies, and retirement services. This dedicated news hub provides investors with essential updates on corporate developments, strategic initiatives, and market positioning.
Access real-time announcements including earnings reports, merger & acquisition activity, leadership updates, and partnership agreements. Our curated collection ensures stakeholders stay informed about APO's global investments across industries like technology, natural resources, and financial services.
Key updates cover capital deployment strategies, retirement services innovations through Athene, and cross-sector investment performance. Bookmark this page for reliable information directly supporting informed analysis of APO's market activities and long-term value creation.
TD SYNNEX has successfully completed its merger, combining SYNNEX Corporation and Tech Data Corporation under the new entity TD SYNNEX. This merger enhances its global distribution capabilities across over 100 countries and strengthens its product offerings in key technology segments. Led by Rich Hume, the company aims to deliver superior value and innovation to its customers and vendors. Apollo Global Management received 44 million shares and $1.1 billion in cash through the merger.
Funds managed by Apollo Global Management announced a $150 million equity commitment to FlexGen Power Systems, a leader in energy storage technology. This investment aims to enhance FlexGen's growth and market position in the energy transition sector, where storage solutions are essential for integrating renewables reliably. FlexGen has deployed over 1.2 GWh of storage systems and offers advanced software solutions for energy management. Apollo's investment follows a series of investments in clean energy ventures, underscoring their commitment to supporting renewable energy advancements.
Apollo (NYSE: APO) has appointed Noah Gunn as Managing Director and Global Head of Investor Relations. Gunn will oversee the firm's investor relations strategy and engagement with stakeholders, reporting to CFO Martin Kelly. He previously held a similar role at Athene Holding, where he was instrumental during its merger with Apollo. With a background in equity research at prominent banks, Gunn aims to enhance communication with shareholders. As of June 30, 2021, Apollo managed approximately $472 billion in assets.
Intrado Corporation has partnered with Interprefy to enhance its webcasting platform by offering real-time audio interpretation in 26 languages, allowing clients to reach global audiences effectively. This partnership integrates seamlessly with Intrado's award-winning webcasting solution, facilitating cost-effective, on-demand interpretation for virtual and hybrid events. The initiative aims to foster engagement and inclusivity, as event planners increasingly seek ways to connect with diverse audiences. Intrado's recent acquisition of Hubb further strengthens its position in the event management technology sector.
Intrado Corporation has acquired Hubb, a leader in hybrid event management technology, enhancing its position in the omnichannel event marketplace. This acquisition provides an end-to-end solution for in-person, virtual, and hybrid events, empowering clients with comprehensive data management and analytics to improve engagement and ROI. Forrester rated Hubb as a Leader in B2B Marketing Events Management. The integration aims to create an innovative platform for seamless event experiences, leveraging both companies' strengths for future growth.
Apollo Global Management (NYSE: APO) announced the appointment of Vikram Mahidhar as Operating Partner to enhance the firm's Data & Digital Transformation initiatives within its APPS platform. Mahidhar will lead efforts to drive digital transformation across Apollo's Private Equity portfolio using advanced analytics and AI. His previous experience includes a Senior VP role at Genpact. This strategic move is part of Apollo's broader initiatives aimed at enhancing operational capabilities and delivering strong financial performance across its portfolio.
Intrado Corporation has joined the Mission Critical Alliance (MCA) led by L3Harris Technologies to enhance public safety technology integration. This collaboration aims to improve the capabilities, compatibility, and security of essential public safety solutions. The MCA includes top industry leaders and focuses on addressing significant challenges in public safety technology. A key event will be an interactive demonstration of Intrado's solutions on August 19-20, 2021, in San Antonio, TX.
Apollo EPF III has entered a definitive agreement to acquire a portfolio of real estate assets from ENPAM for €842 million. The portfolio consists of 68 commercial and residential properties, mainly located in Rome and Milan. This divestment allows ENPAM to enhance its financial flexibility and better serve its pensioners. Apollo's transaction is part of their strategy to expand their European real estate portfolio, which includes $7 billion in assets under management as of June 30, 2021. The deal is expected to close by year-end.
Apollo Global Management (NYSE: APO) has announced its agreement to acquire a majority stake in AS Graanul Invest, the leading sustainable wood pellet producer in Europe. This acquisition positions Apollo to enhance its role in the renewable energy sector, as Graanul generates a significant portion of Estonia's renewable bioelectricity. With 12 production plants, Graanul focuses on sustainable biomass solutions, aiming to replace fossil fuels. The transaction, anticipated to close later in 2021, is subject to regulatory approvals.
FAQ
What is the current stock price of Apollo Global Mgmt (APO)?
What is the market cap of Apollo Global Mgmt (APO)?
