Apollo and Yahoo report 21.1% Taboola (TBLA) ownership stake
Rhea-AI Filing Summary
Apollo Management Holdings GP, LLC, Yahoo Inc. and affiliated investment entities filed Amendment No. 3 to their Schedule 13D, updating their ownership in Taboola.com Ltd. They report beneficial ownership of 39,525,691 ordinary shares, representing about 16.2% of Taboola’s total voting power.
The group also holds 18,039,644 non-voting ordinary shares. Taken together, these voting and non-voting securities represent about 21.1% of Taboola’s issued and outstanding ordinary shares, highlighting a substantial strategic stake by Apollo- and Yahoo-affiliated entities in the company.
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Insights
Apollo and Yahoo reaffirm a large, mostly unchanged Taboola stake.
The filing shows Apollo- and Yahoo-affiliated entities collectively beneficially own 39,525,691 Taboola ordinary shares, equal to about 16.2% of total voting power. They also hold 18,039,644 non-voting ordinary shares, bringing their overall interest to about 21.1% of issued and outstanding ordinary shares.
This is a governance and control disclosure rather than a transactional event, with no new purchase or sale detailed in the excerpt. It confirms that a concentrated shareholder group maintains a significant influence on Taboola’s voting outcomes, which can shape board composition and major corporate decisions over time.