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Stock Market & Financial Investment News

News Breaks
June 2, 2014
09:41 EDTAPOApollo Global, Zenergy announce upstream, midstream oil and gas partnership
Zenergy and funds managed by affiliates of Apollo Global Management have formed a partnership to invest in the acquisition and development of upstream and midstream oil and gas properties. The partnership was formed effective May 1 with total committed capital of $700M from funds managed by affiliates of Apollo and $55M from Zenergy, its affiliates and management team. The partnership, Zenergy, LLC, will focus on assets in the Mid-Continent, Texas and Arkansas-Louisiana-Texas regions.
News For APO From The Last 14 Days
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February 8, 2016
07:03 EDTAPOApollo Global consortium to acquire Apollo Education for $9.50 per share
Apollo Education Group (APOL) announced it has entered into a definitive agreement to be acquired by a consortium of investors including The Vistria Group, funds affiliated with Apollo Global Management (APO), and Najafi Companies for $9.50 per share in cash for both Class A and B shares. The purchase price represents a premium of 30% over Apollo Education Group's 30-day volume weighted average stock price for the period ended Feb. 5, and a 44% premium over the closing price on Jan. 8, immediately prior to the announcement that the Board of Directors was pursuing strategic alternatives. Tony Miller, Chief Operating Officer and Partner of The Vistria Group and former Deputy Secretary of the U.S. Department of Education, will become Chairman of the Apollo Education Group Board upon transaction close. Upon completion of the transaction, Apollo Education Group will be privately held and its affiliated institutions will remain subject to the same U.S. and international regulations and accreditation standards. The agreement was approved by Apollo Education Group's Board of Directors. The acquisition is expected to be completed by Apollo Education Group's fiscal year-end, in August 2016. Apollo Education Group and Apollo Global Management are unaffiliated entities.
07:00 EDTAPOApollo Education to be aquired by group led by Apollo Global for $9.50 per share
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February 5, 2016
06:53 EDTAPOBlackstone, Onex advance in Philips Lighting auction, Bloomberg reports
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February 4, 2016
07:41 EDTAPOApollo Global price target lowered to $14 from $23 at UBS
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February 3, 2016
07:11 EDTAPOApollo Global reports Q4 ENI 8c, consensus 26c
Reports total Assets Under Management of $170.1B and fee-generating AUM of $138.1B.
07:03 EDTAPOApollo Global adopts plan to repurchase $250M of shares
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February 2, 2016
14:32 EDTAPONotable companies reporting before tomorrow's open
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January 29, 2016
08:49 EDTAPOApollo Education investor pushes board to reconsider sale, Bloomberg says
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