Apollo Global Management

During his stint, the firm has bet on IPO-bound JSW Cement and HeroFinCorp as well as InterGlobe Technologies, Monnet Ispat , Mytrah Energy and Avantha Holdings via Aion Capital ( a JV with ICICI Ventures). Recently, an Apollo-led investor group sealed a $750 mn deal with Adani's Mumbai Airport

MC Exclusive| Clix Capital to see inbound interest from global PE firms, weighs public issue

Aion Capital looking at an exit from Clix Capital in next 12-18 months, say sources. The company will start getting ready for an IPO in next 18 months, source said.

Apollo, Reliance are said to make binding offer for Boots

The move could put Apollo and Reliance in pole position to buy Boots, after rival suitors started having second thoughts.

Apollo Global Management to invest $1.4 billion in Abu Dhabi developer Aldar

Apollo-managed funds and clients will also invest $500 million into a land joint venture with Aldar, which built the Abu Dhabi Formula One race track and counts Abu Dhabi state fund Mubadala among its shareholders.

Race for Apollo Global’s BPO arm IGT Solutions: Who is in the shortlist?

New York headquartered Apollo Global had purchased IGT Solutions three years back from Indigo Airlines owner InterGlobe Enterprises. Other than travel and hospitality, it also operates in segments like land transportation, logistics, and cargo, e-commerce, and gaming.

PE major Apollo Global Management puts BPO firm IGT Solutions on the block, seeks $400-$500 million

In January 2019, AION Capital Partners, a joint venture between Apollo Global Management & ICICI Venture had acquired IGT Solutions. Other than travel and hospitality, IGT Solutions also operates in segments like land transportation, logistics, and cargo, e-commerce, and gaming. It is led by CEO Vipul Doshi and Utsav Baijal, Head of India Private Equity at Apollo Global is part of the company’s board of directors.

Race for JSW Cement: Apollo Global, Advent and Synergy Capital in fray for stake sale at valuation of around $1.5 billion

JSW Cement is planning an IPO in the next two years and this fund raise will help it to expand its existing capacity and accelerate growth, according to sources.

Apollo-Athene: the new Berkshire Hathaway?

Apollo Global Management, the $455bn investment group, is throwing a lifeline to those firms heavily battered by the pandemic

Apollo Global Management funds to buy Aspen Insurance for $2.6 billion

Apollo Funds will pay $42.75 per share, representing a 6.6 percent premium to Aspen stock's closing price on Monday, the companies said.

ICICI Bank teams up with Apollo to set up ARC

ICICI and Apollo have signed a memorandum of understanding to set up the ARC, which will acquire debt from lenders and also take equity stakes in borrowers, a bank statement read.

Mphasis Q3 net profit up 7.2% to Rs 173.6 cr

The company had posted a net profit of Rs 161.9 crore in the same quarter last fiscal, Mphasis said in a BSE filing.

Religare up 7%, Apollo Global & Baring eye promoter stake

Malvinder Singh and Shivinder Singh have been planning to offload their entire holding or a minimum 51 percent stake in the company. As of June 2015, the promoters hold 50.93 percent in Religare.

Apollo, ICICI Venture set to raise $750m India fund in Mar

ICICI and Apollo have raised USD 675 million so far from investors including large sovereign and pension funds for the special situation fund to invest in companies that face distress, restructuring or are spinning off assets.

KKR agrees to lend $100m to India's Avantha Group

KKR is an existing investor in group company Avantha Power & Infrastructure Ltd . Other group companies include Crompton Greaves Ltd and Ballarpur Industries Ltd .

Jyoti Structures up 13%, Aion Cap invests Rs 300 cr in co

Jyoti Structures shares rallied 12.6 percent in early trade Friday on a report that Aion Capital Partners invested Rs 300 crore in the company.

Apollo aims to sell 11% stake in Dish TV: sources

US private equity firm Apollo Global Management LLC is in talks to sell its 11 percent stake in India's largest direct-to-home satellite service operator Dish TV India Ltd , two sources with direct knowledge of the development told Reuters on Wednesday.

Apollo to buy McGraw-Hill education unit for $2.5 bn

McGraw-Hill said today it agreed to sell its education unit for USD 2.5 billion, allowing the group to focus on financial operations including its Standard & Poor's brand.

Carlyle eyes USD 7.5-8bn valuation in IPO: Source

Carlyle Group LP is eyeing a market valuation of USD 7.5 billion to USD 8 billion in an initial public offering, as the U.S. private equity firm prepares to kick off a marketing blitz to investors, perhaps as soon as next week, said a source with knowledge of the situation.

Gati moves up smartly

Gati touched an intraday high of Rs 69.90 and an intraday low of Rs 67.50. At 11:41 hrs the share was quoting at Rs 69.30, up Rs 1.75, or 2.59%.

Welspun group to get capital infusion of $500m from Apollo

Private equity fund Apollo Global Management will invest about USD 500 million in Indian steel pipe manufacturer Welspun group, in the second biggest private equity investment in India this year as firms take advantage of the rapid growth in Asia’s third largest economy.

Apollo, others considering Sara Lee buyout: Source

A group of private equity firms including Apollo Global Management is interested in a buyout of food and beverage company Sara Lee Corp, and has made an approach to the company, a source familiar with the situation said on Sunday.