Apollo Global Management Slips To Loss In Q2

U.S. Silica To Be Taken Private By Apollo In $1.85 Bln Deal

Industrial minerals company U.S. Silica Holdings, Inc. (SLCA) announced Friday that it has entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo (APO) in an all-cash transaction that values the Company at an enterprise value of approximately $1.85 billion.

RTTNews | 264 days ago

Paramount Stock Up In Pre-market On Reports Of Sony-Apollo Joint Bid Talks

Sony Pictures Entertainment, affiliated to Japanese conglomerate Sony Group Corp., is in discussions with US private equity group Apollo Global for making a joint takeover bid for entertainment giant Paramount Global, reports said citing people familiar with the matter. The talks are said to be in an early stage. Following the news, Paramount Global shares were gaining around 10.7 percent...

RTTNews | 271 days ago

PK Airfinance, Apollo To Buy $920 Mln Portfolio Of Secured Aviation Loans From Standard Chartered

PK Airfinance, an aviation lending platform backed by Apollo Global Management, LLC (APO), agreed on Monday to acquire the majority of an approximately $920 million portfolio of secured aviation loans from Standard Chartered plc (SCBFF.PK, STAC.L, STAN.L), with Apollo affiliates agreeing to purchase the balance of the portfolio.

RTTNews | 506 days ago

New York Manufacturing Index Unexpectedly Turns Negative In January

New York manufacturing activity unexpectedly declined in the month of January, according to a report released by the Federal Reserve Bank of New York on Wednesday.

RTTNews | 5h 7min ago

U.S. Consumer Prices Climb Slightly More Than Expected In December

Largely reflecting a surge by energy prices, the Labor Department released a report on Wednesday showing consumer prices in the U.S. increased by slightly more than expected in the month of December.

RTTNews | 5h 14min ago

Slowing Inflation Strengthens Calls For Bank Of England Rate Cuts

The unexpected softening of UK consumer price inflation at the end of 2024 added expectations for more interest rate reductions by the Bank of England this year. The consumer price index registered an annual increase of 2.5 percent in December, weaker than the 2.6 percent gain in November, the Office for National Statistics said on Wednesday. The rate was expected to remain unchanged at 2.6 perc

RTTNews | 5h 32min ago

Bay Street Looks Headed For Positive Start

Canadian shares are likely to open higher on Wednesday, tracking positive cues from European markets and firm commodity prices. U.S. consumer price inflation data, due before the opening bell, is likely to make a significant impact on investor mood.

RTTNews | 5h 36min ago

German Economy Stuck In Recession

The German economy shrank for the second straight year in 2024 as the euro area struggles with global headwinds and the political and structural problems on the domestic front. Gross domestic product contracted 0.2 percent in 2024 after a 0.3 percent decline in 2023, Destatis reported Wednesday.

RTTNews | 7h 11min ago

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