Stock Market & Financial Investment News

News Breaks March 22, 2013 07:36 EDT APO Apollo-affiliated fund to acquire Bankia's Spanish auto and consumer loan unit Apollo European Principal Finance Fund II, a fund affiliated with Apollo Global Management, announced a definitive agreement to acquire FinanMadrid, the auto and consumer loan unit of Bankia, which includes more than 188,000 customer accounts in Spain with a balance of more than EUR873M of receivables. The accounts will continue to be managed by the approximately 125 person operating platform based in Madrid, Spain, which is also being acquired by Apollo EPF II. The transaction, the terms of which were not disclosed, is subject to regulatory approval and other customary closing conditions. The transaction is expected to close within four months. News For APO From The Last 14 Days Check below for free stories on APO the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. June 12, 2013 10:14 EDT APO On the Fly: Upgrade Summary Subscribe for More Information 08:05 EDT APO Apollo Global upgraded to Buy from Neutral at Goldman Subscribe for More Information 06:30 EDT APO Apollo Global upgraded to Buy from Neutral at Goldman Subscribe for More Information June 6, 2013 08:39 EDT APO Apollo Global volatility at one-year high as shares trend lower Subscribe for More Information 07:15 EDT APO KKR & Co. Apollo Global should be bought at current levels, says Oppenheimer Subscribe for More Information June 5, 2013 07:29 EDT APO Deutsche Bank to host a conference Subscribe for More Information Sign up for a free trial to see the rest of the stories you've been missing.