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Stock Market & Financial Investment News

News Breaks
January 6, 2013
16:55 EDTAPO, RBSApollo, JC Flowers agree on executive to run RBS branches, Telegraph says
JC Flowers and Apollo (APO) are said to have agreed that David Morgan, the head of JC Flowers’ European and Asian operations, will run the 316 Royal Bank of Scotland (RBS) branches if their bid is successful, the Telegraph says. Reference Link
News For APO;RBS From The Last 14 Days
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April 24, 2014
12:32 EDTRBSRoyal Bank of Scotland upgraded to Hold from Sell at Deutsche Bank
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April 22, 2014
12:50 EDTAPOApollo Global acquires Classic Party Rentals, terms not disclosed
Classic Party Rentals announced that funds managed by Apollo Global Management submitted the winning offer to acquire substantially all of the business of Event Rentals and its subsidiaries, d/b/a Classic Party Rentals at yesterday’s auction. The acquisition is subject to the execution of an asset purchase agreement and approval by the United States Bankruptcy Court for the District of Delaware.
08:00 EDTRBSBoE to simulate cyber attacks on banks, FT reports
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07:26 EDTRBSInformation Management Network to hold a conference
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06:23 EDTAPOSmart & Final IPO could come as early as this year, WSJ reports
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April 15, 2014
16:20 EDTAPOCaelus Energy Alaska, Apollo Global announce partnership
Caelus Energy Alaska and affiliates of Apollo Global Management (APO) have formed a strategic partnership to invest in oil and gas properties in Alaska. Caelus has closed its first transaction, the acquisition of Pioneer Natural Resources' (PXD) Alaskan oil and gas business, for $300M in cash, subject to adjustments, plus other consideration. Caelus, headquartered in Dallas has an executive management team led by CEO James C. Musselman and a technical team led by Chief Technical Officer Kenny Goh. Among other things, Mr. Musselman previously led Kosmos Energy, which discovered the 1 billion-plus barrel Jubilee field off the West African coast, and Triton Energy, which was acquired by Amerada Hess for $3.2B. Apollo funds have the opportunity to invest up to $1B in Caelus to develop the company's existing assets and to pursue acquisitions or other additional investments.
07:25 EDTRBSFederal Reserve Bank of Atlanta to hold a conference
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April 10, 2014
07:49 EDTAPOApollo, EQT, Blackstone mull offers for Gas Natural unit, Bloomberg says
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