Apollo Global Management (APO) Apollo EPF III Acquires Real Estate Assets from ENPAM for 842M Eur

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Go back to Apollo Global Management (APO) Apollo EPF III Acquires Real Estate Assets from ENPAM for 842M Eur

Apollo Global Management (APO) PT Raised to $67 at Oppenheimer

August 5, 2021 5:14 AM EDT

Oppenheimer analyst Chris Kotowski raised the price target on Apollo Global Management (NYSE: APO) to $67.00 (from $62.00) while maintaining a Outperform rating.... More

Apollo Global Management (APO) Acquires Majority Stake in AS Graanul Invest

August 4, 2021 9:00 AM EDT

Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, Apollo) today announced that funds managed by its affiliates (the Apollo Funds) have agreed to acquire a majority stake in AS Graanul Invest (Graanul or the Company), the largest producer of sustainable wood pellets in Europe and one of the largest producers globally.

Since its inception in 2003, Graanul has been pioneering some of the most advanced processes and technologies in the biomass and bioenergy industry and providing a critical baseload renewable energy resource. Through its 12 state-of-the-art pellet production plants located in the Baltics and U.S., Graanul... More

Apollo second-quarter earnings more than double on strong asset sales

August 4, 2021 7:11 AM EDT

By Chibuike Oguh

(Reuters) -Apollo Global Management Inc said on Wednesday its second-quarter distributable earnings more than doubled thanks to a surge in profits from asset sales in its private equity business and transaction fees from its credit division.

The result, which beat estimates, was the first full quarter reported by Apollo with its co-founder Marc Rowan serving as chief executive officer. He replaced Leon Black, who relinquished control of the firm in March following a review of his ties to the late financier and convicted sex offender Jeffrey Epstein.

Apollo's other co-founder, Josh... More

Apollo Global Management (APO) Tops Q2 EPS by $1.16

August 4, 2021 7:10 AM EDT

Apollo Global Management (NYSE: APO) reported Q2 EPS of $1.84, $1.16 better than the analyst estimate of $0.68.

Marc Rowan, Chief Executive Officer of Apollo said, Our second quarter results were very strong across all key performance metrics, headlined by record fee related earnings and the highest... More