Apollo raises Athene stake in bid to boost its value
Private equity firm Apollo Global
Management Inc said on Monday it had agreed to pay $1.6
billion to raise its stake in Athene Holdings, in a deal
aimed at improving the performance of the U.S. annuity services
provider’s stock.
Management Inc said on Monday it had agreed to pay $1.6
billion to raise its stake in Athene Holdings, in a deal
aimed at improving the performance of the U.S. annuity services
provider’s stock.
Posted by Reuters
