STOCK TITAN
  1. Home
  2. News
  3. APO

Apollo Global Management Inc - APO STOCK NEWS

Welcome to our dedicated news page for Apollo Global Management (Ticker: APO), a resource for investors and traders seeking the latest updates and insights on Apollo Global Management.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Apollo Global Management's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Apollo Global Management's position in the market.

News
Apollo to Offer Series A Mandatory Convertible Preferred Stock
Rhea-AI Summary
Apollo Global Management, Inc. has announced an offering of $1,000.0 million of its Series A Mandatory Convertible Preferred Stock. The net proceeds will be used to accelerate Retirement Services growth. The underwriters have a 30-day option to purchase up to an additional $150.0 million of stock. Each share of Preferred Stock will have a liquidation preference of $50.00 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.39%
Tags
none
-
News
Apollo Impact to Acquire Accent Family of Companies, a Leading Value-Added Distributor and Manufacturer of Baling Wires and Equipment Servicing the Recycling and Waste Management Industries
Rhea-AI Summary
Apollo (NYSE: APO) completes acquisition of the Accent Family of Companies, a leader in baling wires and wire-tier machines used in the recycling and waste industries, as well as a regional wholesale distributor of building materials. The acquisition positions Apollo for continued expansion amid increasing focus on sustainability and recycling solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.15%
Tags
acquisition
-
News
Apollo Reports Second Quarter 2023 Results
Rhea-AI Summary
Apollo Global Management, Inc. (NYSE: APO) reported strong second quarter results and declared cash dividends for its Common Stock, Series A Preferred shares, and Series B Preferred shares. The company's CEO highlighted the success of their private credit origination ecosystem and emphasized the potential of private credit for long-term investors. The detailed presentation of the results is available on Apollo's Investor Relations website at ir.apollo.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.66%
Tags
earnings
News
Kimbell Royalty Partners, LP Announces $455 Million Accretive Acquisition
Rhea-AI Summary
Kimbell Royalty Partners, LP (KRP) has announced the acquisition of oil and gas mineral and royalty interests in a cash transaction valued at approximately $455 million. The acquired assets are expected to immediately increase the company's daily production and decrease cash G&A per Boe. The Permian Basin represents approximately 64% of the reserve value, with the Mid-Continent making up the remaining 36%. Kimbell estimates that, as of June 1, 2023, the acquired assets produce approximately 4,840 Boe/d. The Acquisition is expected to close in the third quarter of 2023, subject to customary closing conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.66%
Tags
acquisition
-
News
Univar Solutions Completes Transaction with Apollo Funds
Rhea-AI Summary
Univar Solutions Inc. and Apollo Funds have completed the acquisition of Univar Solutions, with shareholders receiving $36.15 per share in cash. The Company will continue to operate under the Univar Solutions name and brand. The transaction details include the acquisition of all outstanding shares of Univar Solutions stock by an affiliate of the Apollo Funds.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.31%
Tags
none
-
News
Apollo Announces 2023 Annual Meeting of Stockholders
Rhea-AI Summary
Apollo (NYSE: APO) will hold its 2023 Annual Meeting of Stockholders virtually on October 6, 2023, at 9:30 am ET. The record date for the meeting is August 11, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.31%
Tags
none
News
Apollo enters exclusive discussions to provide a €1.5 billion capital solution to Air France-KLM’s Flying Blue Loyalty program with commercial partners
Rhea-AI Summary
Apollo is in exclusive discussions to provide a €1.5 billion financing for Air France-KLM's Flying Blue Loyalty program. This partnership aims to strengthen Air France-KLM's balance sheet and support its Loyalty program. Apollo has previously arranged investments for Air France-KLM entities in the past year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.36%
Tags
none
-
News
Arconic Shareholders Approve Acquisition by Apollo Funds
Rhea-AI Summary
Arconic shareholders approve pending acquisition by funds managed by Apollo
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.4%
Tags
acquisition
-
News
Apollo Funds to Make Strategic Equity Investment in PetSmart
Rhea-AI Summary
PetSmart (NYSE: PETM) to receive strategic equity investment from Apollo Funds, affirming strong fundamentals and continued growth opportunity. BC Partners and co-investors to remain majority shareholder. Transaction expected to close in Q4 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.4%
Tags
none
News
Altus Power Announces Acquisition of 4.4 MW Portfolio in Southern California
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.07%
Tags
acquisition
Stock APO logo
Apollo Global Management Inc

NYSE:APO

APO Rankings

#195 Ranked by Market Cap
#453 Ranked by Stock Gains
#1600 Ranked by Dividends

APO Stock Data

61.26B
444.50M
27.31%
60.21%
2.88%
Investment Advice
Finance and Insurance
Link
United States
New York

About APO

apollo global management, llc and its subsidiaries ("apollo") is a leading global alternative investment manager. we are contrarian, value-oriented investors in private equity, credit and real estate, with significant distressed expertise. we operate our businesses in an integrated manner which we believe distinguishes us from other alternative investment managers. we have applied this investment philosophy over our 25-year history, deploying capital across the balance sheet of industry leading businesses, and seeking to create value for our investors throughout economic cycles.