News | Brookfield buys Madrid multifamily portfolio from Blackstone for €1.2 billion
Brookfield Asset Management has acquired Blackstone's entire Fidere residential portfolio in Spain for €1.2 billion. This transaction represents the largest multifamily deal in Spain since the great financial crisis and is the first real estate trade exceeding €1 billion since the recent Iran war began. The news is exclusively available to CoStar subscribers.
Wall Street titan flees New York as firms ditch blue states for the South
Apollo Global Management, a major private capital firm, is planning a second US headquarters in the South, considering cities in Sunbelt states like Austin, Nashville, or South Florida. This move is driven by fears of rising taxes under New York City's new mayor, Zohran Mamdani, and follows a trend of finance heavyweights and other companies moving out of traditionally Democrat-led states in search of lower costs and friendlier regulatory environments. Apollo expects the majority of its future hiring to take place in this new hub outside Manhattan.
APO SHAREHOLDER NOTICE: Hagens Berman Alerts Apollo Global Management (APO) Investors to Securities Class Action Stemming From "Epstein Files" Revelations
Hagens Berman has alerted investors of Apollo Global Management (APO) to a securities class action lawsuit following revelations from the "Epstein Files." The lawsuit alleges that Apollo and its executives made false statements regarding CEO Marc Rowan's undisclosed ties to Jeffrey Epstein, despite prior assurances of "no business" involvement. These revelations led to a significant 15% drop in Apollo's stock, wiping out approximately $12 billion in market capitalization.
Air Lease clears last regulatory hurdle ahead of planned $65 buyout
Air Lease (NYSE: AL) announced it has received the final regulatory approval required for its merger with a subsidiary of Sumisho Air Lease Corporation DAC. The merger is expected to close around April 8, 2026, subject to remaining conditions. Upon completion, Class A common stockholders will receive $65.00 cash per share, and Air Lease will be renamed Sumisho Air Lease Corporation.
APO Investor Alert: APOLLO GLOBAL MANAGEMENT, INC.
Institutional investors in Apollo Global Management, Inc. (NYSE: APO) are alerted to a pending securities class action lawsuit. The lawsuit alleges that Apollo Global's senior leadership maintained undisclosed business communications with Jeffrey Epstein, leading to a decline in stock value after corrective disclosures. Investors who held APO shares between May 10, 2021, and February 21, 2026, may have an opportunity to be appointed as lead plaintiff in the class action.
APO Investor Alert: APOLLO GLOBAL MANAGEMENT, INC.
Levi & Korsinsky, LLP has issued an investor alert for Apollo Global Management, Inc. (NYSE: APO) regarding a potential securities fraud lawsuit. Investors who held APO shares between May 10, 2021, and February 21, 2026, are encouraged to evaluate lead plaintiff opportunities due to alleged undisclosed business communications between senior leadership and Jeffrey Epstein, which led to significant stock price decline. The deadline to apply for lead plaintiff appointment is May 1, 2026.
Perfect Moment: $12 Million Funding Secured To Support Profitability And Growth Strategy
Perfect Moment Ltd., a luxury outerwear and activewear brand, has secured $12 million in growth financing, comprising a $10 million revolving credit facility and a $2 million equity investment from Krane Capital. This funding aims to strengthen the company's balance sheet, support its path to sustainable profitability, and fuel strategic initiatives including product innovation, category expansion, and entry into the Chinese market. The investment follows Perfect Moment's first profitable quarter and reflects confidence from institutional investors in its growth strategy.
Blackstone, Carlyle jumps as 401(k) rule opens $14T opportunity
Shares of alternative asset managers like Blackstone and Carlyle Group rose after the Trump administration proposed a new rule that could expand access to private markets and cryptocurrencies within 401(k) plans. This Department of Labor proposal aims to ease barriers for alternative assets in retirement accounts, potentially unlocking a significant pool of capital for private equity and other alternative investment strategies. While industry leaders support the move, some critics express concern about the risks associated with less liquid assets for retail investors.
Apollo Said to Near $10 Billion Deal for KKR’S Atlantic Aviation
Apollo Global Management Inc. is reportedly close to a deal to acquire Atlantic Aviation from KKR & Co. for nearly $10 billion. Apollo will partner with Singaporean sovereign wealth fund GIC Pte for a majority stake, while KKR plans to reinvest and maintain a significant interest in the private jet fixed-base operator.
Apollo Commercial Real Estate Finance (NYSE:ARI) Short Interest Up 26.7% in March
Short interest in Apollo Commercial Real Estate Finance (NYSE:ARI) increased by 26.7% in March, reaching 5,099,550 shares, which represents about 3.7% of the company's shares. This surge in short interest comes as the company announced a quarterly dividend of $0.25 per share, offering a 9.4% yield, and its shares trade around $10.63, within a 12-month range of $7.70–$11.20, with analysts holding a consensus "Hold" rating. Institutional investors have also recently adjusted their positions, with several increasing their holdings in ARI.
Stocks making the biggest moves midday: Fannie Mae, Boston Scientific, Blackstone, Palo Alto Networks and more
Shares of Fannie Mae and Freddie Mac surged after Bill Ackman said they were "stupidly cheap." Boston Scientific fell after a downgrade, while Palo Alto Networks rose after its CEO's share purchase. Sysco's stock dropped following its announcement to acquire Jetro Restaurant Depot for $29.1 billion, and Alcoa rallied due to increased aluminum prices after Iranian missile strikes.
A Look At Corebridge Financial (CRBG) Valuation After Recent Share Price Weakness
Corebridge Financial (CRBG) has experienced recent share price weakness, with negative returns over the past month, three months, and year-to-date, despite a three-year gain. Analysts indicate the stock, currently at US$22.30, is significantly undervalued with a fair value of US$36.92, presenting a potential buying opportunity if key assumptions about revenue expansion and profitability hold. The company's balance sheet has been strengthened by a reinsurance transaction, freeing up capital for share repurchases expected to boost EPS and return on equity.
Realty Income secures $1.0B Apollo JV, $694M term loan; liquidity $4.5B
Realty Income (NYSE: O) announced a significant increase in its liquidity to $4.5 billion as of March 26, 2026, driven by a new $1.0 billion strategic partnership with Apollo-managed funds and a $694 million unsecured term loan. The Apollo joint venture gives Apollo a 49% stake in approximately 500 net-leased retail properties. Additionally, Realty Income executed a cross-currency swap to convert $500 million of the term loan into approximately €431 million.
Realty Income (NYSE: O) adds $4.5B liquidity, $1B Apollo JV and $694M loan
Realty Income Corporation has significantly enhanced its liquidity and financing structure, reporting $4.5 billion in liquidity by March 26, 2026. This includes cash, unsettled ATM forward equity, and available credit. The company is also forming a $1 billion strategic partnership with Apollo-managed funds for a joint venture and has secured a $694 million unsecured term loan due January 2036, alongside a cross-currency swap for a portion of the proceeds.
Goelzer Investment Management Inc. Cuts Holdings in Apollo Global Management Inc. $APO
Goelzer Investment Management Inc. significantly reduced its stake in Apollo Global Management Inc. by 84.1% during the fourth quarter, selling 29,108 shares to end with 5,518 shares valued at $799,000. Despite this, Apollo Global Management reported strong quarterly earnings, beating analyst expectations, and maintains a "Moderate Buy" consensus rating with a target price of $158.13. However, the company faces legal and reputational risks due to ongoing securities class action lawsuits related to "Epstein Files" revelations, which are creating negative market sentiment and could pressure the stock price.
Apollo Expands Beyond New York As Stock Trades Below Estimated Value
Apollo Global Management (NYSE:APO) is planning to establish a second US headquarters outside New York, considering locations in the American South like Austin, Nashville, and South Florida. This strategic move aims to support future hiring and growth, and is seen as an important organizational development for investors. Despite recent stock declines, the share price is trading below both analyst targets and Simply Wall St's estimated fair value.
How Realty Income’s Apollo JV and 2036 Financing Package Could Reframe the Capital Story for (O) Investors
Realty Income Corporation recently announced a significant US$1.00 billion joint venture with Apollo for a 49% interest in a retail portfolio and secured a US$694 million unsecured term loan due 2036. These moves, particularly the private capital partnership, are expected to reshape how Realty Income funds and manages its long-duration, net-lease assets. The company's strategy focuses on compounding rental cash flows and managing capital costs, with the Apollo JV offering a new model for growth without sole reliance on public equity.
Major Wall Street powerhouse weighs southern move as Mamdani-led tax threats swirl
Apollo Global Management, a major Wall Street firm, is considering moving its second US headquarters to a Sunbelt state like Texas or Florida as New York City's new mayor, Zohran Mamdani, proposes higher taxes on corporations and the wealthy. This potential move is seen by business groups as a reaction to an increasingly unfavorable business climate in New York, driven by Mamdani's efforts to address a projected $5.4 billion budget shortfall through increased taxation rather than spending cuts. The firm has reportedly surveyed its partners and managing directors about their preferred relocation, with a focus on states offering no personal income tax.
Apollo Global Management (APO) acquiring Nippon Sheet amid soaring architectural glass demand
The article reports that Apollo Global Management (APO) is set to acquire Nippon Sheet Glass Co., Ltd. (OTC:NPSGY) at an enterprise value of $2.2 billion. This acquisition comes as demand for architectural glass is surging due to increasing construction investments, particularly in the US and Europe. The deal aims to enhance Nippon Sheet's financial position and expand its global market reach.
Apollo Pushes to Open a Second Headquarters in Florida or Texas
Apollo Global Management Inc. is exploring opening a second US headquarters, with South Florida or Texas being considered as potential locations. This move aligns Apollo with a trend of financial companies expanding into Sun Belt states following a post-pandemic shift away from high-cost regions in the Northeast and West Coast.
Apollo Global Has Lost 35% in 12 Months. It May Finally Be Time to Buy
Apollo Global Management (APO) has seen its stock drop by 35% over the past year, despite posting record earnings and managing significant assets. This decline is attributed to allegations linking co-founders to Jeffrey Epstein and a cap on investor redemptions in its retail private credit BDC, Apollo Debt Solutions. However, analysts suggest the stock may be undervalued, with a target price indicating substantial upside potential, as Apollo's core earnings engine remains robust through its insurance subsidiary Athene and strategic partnerships.
9 Most Undervalued Growth Stocks to Buy According to Analysts
This article identifies Apollo Global Management Inc. (NYSE: APO) as one of the most undervalued growth stocks according to analysts, highlighting its strong upside potential and hedge fund interest. It details Apollo's recent agreement to acquire Nippon Sheet Glass for $3.7 billion, a strategic move to capitalize on growing demand in architectural glass, automotive glazing, and solar products. The article emphasizes Apollo's role as a leading global alternative asset manager with over $600 billion in assets, specializing in credit, private equity, and real estate investments.
APO UPCOMING DEADLINE: Faruqi & Faruqi, LLP Reminds Apollo Global Management (APO) Investors of Securities Class Action Deadline on May 1, 2026
Faruqi & Faruqi, LLP is reminding investors of the May 1, 2026, deadline to seek the role of lead plaintiff in a federal securities class action against Apollo Global Management (APO). The lawsuit alleges that Apollo Global's leaders, including Marc Rowan and Leon Black, communicated with Jeffrey Epstein about company business, contradicting prior statements that the company never did business with Epstein. This entanglement led to a significant drop in Apollo's stock price following investigative reports by the Financial Times and CNN.
ROSEN, SKILLED INVESTOR COUNSEL, Encourages Apollo Global Management, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by The Firm - APO
Rosen Law Firm is reminding investors of Apollo Global Management, Inc. (NYSE: APO) who purchased securities between May 10, 2021, and February 21, 2026, about the important May 1, 2026, lead plaintiff deadline in a securities class action. The lawsuit alleges that Apollo Global's leadership frequently communicated with Jeffrey Epstein about business, contradicting their claims of never doing business with him and harming the company's reputation. Investors are encouraged to secure counsel and join the class action to potentially seek compensation.
APO UPCOMING DEADLINE: Faruqi & Faruqi, LLP Reminds Apollo Global Management (APO) Investors of Securities Class Action Deadline on May 1, 2026
Faruqi & Faruqi, LLP is reminding investors of Apollo Global Management (APO) about the May 1, 2026 deadline to act as lead plaintiff in a federal securities class action lawsuit. The lawsuit alleges that Apollo Global Management executives made misleading statements regarding communications with Jeffrey Epstein, specifically denying business dealings with him despite evidence of discussions on the firm's tax affairs. These events led to a significant drop in Apollo's stock price, impacting investors who purchased securities between May 10, 2021, and February 21, 2026.
APO UPCOMING DEADLINE: Faruqi & Faruqi, LLP Reminds Apollo Global Management (APO) Investors of Securities Class Action Deadline on May 1, 2026
Faruqi & Faruqi, LLP is reminding investors of Apollo Global Management (APO) about the May 1, 2026 deadline to seek lead plaintiff status in a federal securities class action. The lawsuit alleges that Apollo Global Management and its executives made false or misleading statements regarding communications and business dealings with Jeffrey Epstein, leading to stock drops in February 2026. Investors who purchased Apollo securities between May 10, 2021, and February 21, 2026, and suffered losses are encouraged to contact the law firm.
A Look At Realty Income (O) Valuation After The US$1b Apollo Joint Venture Announcement
Realty Income (O) has garnered attention following its US$1 billion joint venture announcement with Apollo-managed funds, which will acquire approximately 500 single-tenant retail properties. Despite recent momentum with a 7.06% 90-day share price return, an intrinsic discount of around 44% suggests potential undervaluation, while its P/E ratio of 53.5x exceeds industry averages, presenting a mixed picture for investors. The article highlights Realty Income as a reliable dividend payer with robust margins but notes pressure points like higher cost of capital and no assessed economic moat.
Affiliated Managers Group Stock: Asset Management Powerhouse with Strong Analyst Backing and Strateg
Affiliated Managers Group (AMG) is a leading partner to boutique asset managers, providing a unique structure that empowers independent firms while offering scalable growth. Analysts maintain a "Moderate Buy" consensus due to AMG's strategic positioning, diversified revenue streams, and its focus on high-quality affiliates. The company's model allows it to capture value across global asset classes, making it an appealing option for North American investors seeking diversified exposure.
A Look At Realty Income (O) Valuation After The US$1b Apollo Joint Venture Announcement
Realty Income (O) has announced a US$1 billion joint venture with Apollo-managed funds, which will acquire approximately 500 single-tenant retail properties. Despite recent momentum and a share price of US$60.69, the stock is considered 14.4% undervalued with a narrative fair value of US$70.93, driven by steady dividend growth and robust margins. However, its P/E ratio of 53.5x raises concerns about potential overvaluation compared to industry averages, indicating that much of the good news might already be priced in.
Apollo Global Management, Inc. Securities Fraud Class Action Result of Undisclosed Relationship with Jeffrey Epstein and 16% Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC
Kahn Swick & Foti, LLC (KSF) has reminded investors of Apollo Global Management, Inc. (NYSE: APO) that they have until May 1, 2026, to file lead plaintiff applications in a securities class action lawsuit. The lawsuit alleges that Apollo Global Management and its executives failed to disclose material information regarding their relationship with Jeffrey Epstein, leading to a 16% stock decline. Investors who purchased securities between May 10, 2021, and February 21, 2026, are encouraged to contact KSF to discuss their legal rights.
APO Investors Have Opportunity to Lead Apollo Global Management, Inc. Securities Fraud Lawsuit Filed by The Rosen Law Firm
The Rosen Law Firm reminds investors who purchased Apollo Global Management, Inc. (NYSE: APO) securities between May 10, 2021, and February 21, 2026, of the upcoming May 1, 2026, lead plaintiff deadline for a securities class action lawsuit. The lawsuit alleges that Apollo Global Management made false and misleading statements by failing to disclose extensive communications between its leadership, including Marc Rowan and Leon Black, and Jeffrey Epstein, contradicting claims that the company had no business dealings with him. Investors are encouraged to join the class action to seek compensation.
APO Investors Have Opportunity to Lead Apollo Global Management, Inc. Securities Fraud Lawsuit Filed by The Rosen Law Firm
The Rosen Law Firm reminds purchasers of Apollo Global Management, Inc. (NYSE: APO) securities from May 10, 2021, to February 21, 2026, of an upcoming lead plaintiff deadline of May 1, 2026, in a securities class action lawsuit. Investors who bought shares during this period may be entitled to compensation due to alleged false and misleading statements made by the company. The lawsuit claims that Apollo Global's leadership frequently communicated with Jeffrey Epstein, contrary to their public assertions, which harmed the company's reputation and misled investors.
Oaktree Meets 100% Redemptions on $7.7B Fund, Allows 8.5% Withdrawals
Oaktree Capital Management is accommodating 100% of withdrawal requests for its $7.7 billion Oaktree Strategic Credit Fund, allowing investors to redeem about 8.5% of net assets, totaling approximately $400 million. Brookfield Corporation, which backs Oaktree, is contributing $80 million to support these redemptions. This strategy differs from some peers who enforce stricter redemption caps and is intended to maintain flexibility and investor confidence amid rising concerns in the private credit market.
UPDATE 4-Oaktree fund meets 8.5% withdrawal requests as redemptions rattle private credit
Oaktree Capital Management's private credit fund has honored all 8.5% of redemption requests received in the first quarter, opting against capping withdrawals, even as other managers enforce limits. This decision comes as the private credit industry faces increased scrutiny and a surge in redemption requests. Oaktree views the current environment as a "correction rather than a crisis" and has also reset its monthly dividend to 16 cents per share to reflect the current earnings environment.
ROSEN, THE FIRST FILING FIRM, Encourages Apollo Global Management, Inc. Investors to Secure ...
Rosen Law Firm is encouraging investors of Apollo Global Management, Inc. (NYSE: APO) who purchased securities between May 10, 2021, and February 21, 2026, to secure legal counsel by the May 1, 2026, deadline. The firm has filed a securities class action lawsuit alleging that Apollo executives made false or misleading statements regarding their business dealings with Jeffrey Epstein, leading to investor damages. Investors are urged to contact the Rosen Law Firm for information on joining the lawsuit.
Deadline Alert: Apollo Global Management, Inc. (APO)
Glancy Prongay Wolke & Rotter LLP reminds investors of a May 1, 2026 deadline to file a lead plaintiff motion in a class action lawsuit against Apollo Global Management, Inc. (APO). The lawsuit alleges the company made materially false or misleading statements regarding its ties to Jeffrey Epstein, causing its stock price to fall significantly on several occasions. Investors who purchased Apollo securities between May 10, 2021, and February 21, 2026, and suffered losses are encouraged to contact the firm.
Oaktree Meets Redemptions, Tests Private Credit Liquidity
Oaktree Capital Management, a subsidiary of Brookfield Corporation, announced it will fully meet 8.5% of redemption requests for one of its private credit funds, demonstrating liquidity in a challenging market. This decision contrasts with peers like Apollo Global Management, Ares Management, and Blue Owl Capital, which have either capped or halted withdrawals. Oaktree's ability to fulfill redemptions without restriction positions it uniquely if withdrawal pressures continue in the private credit sector.
Oaktree private credit fund to pay out 8.5% in redemption requests
Oaktree Capital Management's private credit fund will honor 8.5% of redemption requests from Q1, repurchasing 6.8% of shares itself and having its parent Brookfield buy an additional 1.7%. This decision comes amidst increased scrutiny of the private credit industry and a rising trend of redemption requests, although Oaktree views the current market shift as a correction rather than a crisis. The fund has also reset its monthly dividend to 16 cents per share from 18 cents to reflect current earnings conditions.
Banks Are Selling Pieces of $57.5 Billion Warner Bros. LBO Loan
Bank of America Corp. and Citigroup Inc. have begun selling portions of a $57.5 billion bridge loan that is supporting Paramount Skydance Corp.'s acquisition of Warner Bros. Discovery Inc. This syndication effort, which also involves Apollo Global Management Inc., aims to distribute the significant financial exposure and is expected to conclude by the end of next week. The loan is one of the largest bridge financings ever arranged for a buyout.
APO Faruqi & Faruqi, LLP Reminds Apollo Global Management (APO) Investors of Securities Class Action Deadline on May 1, 2026
Faruqi & Faruqi, LLP is reminding investors of Apollo Global Management (APO) that the deadline to apply for lead plaintiff in a securities class action lawsuit is May 1, 2026. The lawsuit alleges that Apollo Global Management and its executives made false and misleading statements about their business operations and prospects, specifically regarding their dealings with Jeffrey Epstein. This comes after articles published in the Financial Times and CNN reported on the company's communication with Epstein, causing a significant drop in Apollo's stock price.
Is Apollo Global Management (APO) Attractive After Recent Share Price Weakness?
This article analyzes whether Apollo Global Management (APO) is attractive following recent share price declines. Using the Excess Returns model and Price vs Earnings (P/E) ratio, the analysis suggests APO is currently undervalued by approximately 41.0% and also undervalued based on its P/E ratio compared to Simply Wall St’s Fair Ratio. The article encourages investors to use "Narratives" on its platform to personalize their valuation based on different future scenarios for the company.
Realty Income Corporation $O Position Trimmed by Synergy Asset Management LLC
Synergy Asset Management LLC significantly reduced its stake in Realty Income Corporation by 68.4% in the fourth quarter, selling 149,078 shares. Despite this, Realty Income formed a $1.0 billion joint venture with Apollo-managed funds, providing substantial non-dilutive capital, and also raised its monthly dividend to $0.2705 per share. Analysts have a "Hold" consensus rating on the stock with a target price of $66.39 amidst varying sentiment from positive news about its JV to negative trends in previous trading sessions.
Oaktree fund meets 8.5% withdrawal requests as redemptions rattle private credit
Oaktree Capital Management's private credit fund honored 8.5% of redemption requests in Q1, choosing not to cap withdrawals despite a broader trend of increased redemption requests in the private credit industry. This decision, along with Brookfield's purchase of shares, helped Oaktree meet 100% of the requests, distinguishing it from other managers that enforced typical quarterly limits. The fund also reset its monthly dividend downwards, reflecting current market conditions, and views the current environment as a "correction rather than a crisis" in the private credit market.
Is Apollo Global Management (APO) Attractive After Recent Share Price Weakness?
Apollo Global Management (APO) has experienced recent share price weakness, with declines over the last week, month, year-to-date, and past year, though 3-year and 5-year returns remain strong. According to Simply Wall St's analysis, the stock appears undervalued by 41.0% based on the Excess Returns model, suggesting its intrinsic value is higher than its current share price. The Price vs. Earnings (P/E) framework also indicates undervaluation, with APO's current P/E of 18.15x being below its Fair Ratio of 22.80x, even though it's slightly above industry and peer averages.
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Apollo Global Management, Inc. of Class Action Lawsuit and Upcoming Deadlines - APO
Pomerantz LLP has filed a class action lawsuit against Apollo Global Management, Inc. (NYSE: APO) on behalf of investors who suffered losses. The lawsuit stems from reports by the Financial Times and CNN regarding Apollo executives' alleged discussions with Jeffrey Epstein about tax arrangements and an urged SEC investigation into Apollo's ties with Epstein, causing Apollo's stock price to fall. Investors have until May 1, 2026, to apply to be appointed as Lead Plaintiff.
Keurig Dr Pepper Inc. completed the acquisition of JDE Peet's N.V. from Acorn Holdings B.V., JAB Holding Company S.à.r.l. and others in a tender offer transaction.
Keurig Dr Pepper Inc. successfully completed its tender offer to acquire JDE Peet's N.V. on March 27, 2026, for €15.6 billion. The acquisition, which resulted in KDP holding approximately 96.22% of JDE Peet's shares, was funded through a combination of debt and cash. Following the acquisition, KDP plans to separate into two independent, U.S.-listed public companies: a refreshment beverages company and the world's #1 pure-play coffee company, with new headquarters established in Burlington, Massachusetts, Amsterdam, and Frisco, Texas.
Apollo Global Management to Buy Majority Stake in CMG-TV
Cox Enterprises announced an agreement for Apollo Global Management to acquire a majority interest in Cox Media Group's broadcast television stations, including its radio, newspaper, and TV properties in Ohio. Cox Enterprises will retain a minority stake and partner with Apollo to form a new company to operate these stations. The acquisition aims to ensure continued investment in broadcast television, maintaining the current successful management and operating structure.
Apollo Global Management (NYSE: APO) issues $750M 5.70% notes due 2036
Apollo Global Management (NYSE: APO) is offering $750 million in 5.700% Senior Notes due 2036, with interest payable semi-annually. The net proceeds of approximately $745 million will be used for general corporate purposes, including the full repayment of $500 million in 2026 Senior Notes. These notes are guaranteed by Apollo's intermediate holding companies but not by Athene Holding Ltd. or its operating subsidiaries.
Apollo Global Management, Inc. (APO) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
The Law Offices of Frank R. Cruz announced that investors who suffered losses in Apollo Global Management, Inc. (APO) have the opportunity to lead a securities fraud class action lawsuit. The lawsuit alleges that Apollo's leadership, including CEO Marc Rowan and former CEO Leon Black, frequently communicated with Jeffrey Epstein, making the company's claims of never doing business with Epstein untrue. This alleged entanglement reputational harm to Apollo, leading to materially misleading statements to investors.
KKR Acquires Nothing Bundt Cakes From Roark Capital For $2 Billion
KKR & Co Inc is acquiring Nothing Bundt Cakes from private equity firm Roark Capital for over $2 billion. Nothing Bundt Cakes, founded in 1997, has grown to more than 600 locations across the U.S. Roark Capital acquired the chain in 2021, adding 390 locations since then, and has a strong focus on franchise businesses.
