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Stock Market & Financial Investment News

News Breaks
March 22, 2013
07:36 EDTAPOApollo-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
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November 26, 2014
13:42 EDTAPOApollo Global in advanced talks to buy Presidio, Reuters reports
Apollo Global is in advanced talks to acquire Presidio in a deal that could value the company at close to $1.3B, reports reuters. According to people familiar with the matter, Apollo had outbid other buyout firms and Sirius Computer Solutions in the auction for the information technology consulting company. The negotiations with Apollo have not yet been finalized. Reference Link
November 19, 2014
06:03 EDTAPOSources: KKR, CD&R team up to take PetSmart private, Reuters reports
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November 18, 2014
07:24 EDTAPOWells Fargo to hold a forum
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November 14, 2014
07:32 EDTAPOHayman Capital gives quarterly update on stakes
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