The Latest Breaking News from Apollo

One of Wall Street’s biggest private equity houses is prepared to help Elon Musk take Twitter private.

Private equity firm Apollo Global Management (NYSE: APO) is open to teaming up with Tesla Inc (NASDAQ: TSLA) CEO Elon Musk or any other bidder to f

The company, which was on a steady recovery path, was biggest faller on FTSE 100 on Wednesday

U.K. education publishing group Pearson PLC (NYSE:PSO) refused Apollo Global Management Inc's (NYSE:APO) March 7 takeover proposal for 854.2 pence per share which valued Pearson at £6.5 billion, Bloomberg reports. Previously, Pearson rejected Apollo's November cash offer of 800 pence per share, valuing Pearson at £6.1 billion ($8 billion). Pearson reasoned that the offers significantly…

Market value increases by nearly £1bn as Apollo considers improved cash offer after £6.4bn deal rejected

Rolling coverage of the latest economic and financial news

Apollo Global Management Inc (NYSE:APO) is discussing with sports betting companies to merge their assets with Yahoo Sports, CNBC reports. Apollo acquired Yahoo from Verizon Communications Inc (NYSE:VZ) for $5 billion in 2021. Yahoo has spoken with is Australia-based Pointsbet Holdings Ltd (OTC:PBTHF), which has a market valuation of about $760 million. Apollo and Yahoo are considering merging…

Tenneco Inc (NYSE: TEN) is trading higher Wednesday after the company announced it will be acquired by Apollo Funds for $20 per share.

Standard General and Apollo Global Management Inc (NYSE:APO) agreed to acquire television broadcaster Tegna Inc (NYSE:TGNA). They will acquire Tegna in a transaction valued at $24 a share.  The purchase price implied a premium of 39% on the unaffected closing share price on September 14, 2021, the last full trading day before media speculation about a…