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Stock Market & Financial Investment News

News Breaks
March 13, 2014
10:15 EDTAPOApollo Global weighing bid for Dave & Busterís, Bloomberg says
Apollo Global, which recently acquired Chuck E. Cheese, is considering a bid to buy Dave & Busterís from its current private equity owners Oak Hill Capital Partners, said Bloomberg, citing two people with knowledge of the matter. Oak Hill is seeking about $1B for the company, according to the report. Reference Link
News For APO From The Last 14 Days
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October 24, 2014
08:06 EDTAPOExpress Energy Services agrees to be acquired by Apollo Funds
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October 13, 2014
05:32 EDTAPOApollo Credit launches retail sector investment JV
Funds managed by affiliates of Apollo Global Management announce the launch of Alteri Investors, a new joint venture focused on financing opportunities arising across performing, stressed and distressed retail sector situations in Europe. Structured as a partnership between funds managed under Apolloís credit business and a team led by former GA Europe CEO Gavin George, Alteri will initially focus on the United Kingdom and Germany and expects to invest in retailers through both debt and equity transactions, typically in the GBP 10M-GPB 50M range, with additional capacity for larger transactions. Alteri will also seek to lend to retailers directly, providing flexible asset-based financing, either in a senior or second-lien capacity. In addition to the scale, resources and capital funding that Apollo Credit expects to contribute to Alteri, the Joint Venture will draw upon the experience of Alteri Advisors, which comprises a team of highly experienced professionals, drawn in part from the former GA Europe business under the leadership of Gavin George.

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