LONDON, Nov. 21, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the "HSR Act"), in connection with the previously announced transaction (the "Proposed Transaction") whereby IGT's Gaming & Digital business ("IGT Gaming") and Everi Holdings Inc. (NYSE:EVRI) will be simultaneously acquired by a newly formed holding company owned by funds managed by affiliates of Apollo Global Management, Inc. (NYSE:APO). IGT) is a global leader in gaming. We deliver entertaining and responsi

Addition of high-volume call answering capabilities bolsters Message Broadcast's customer engagement software portfolio for the utility sector Message Broadcast, a leading provider of customer engagement software for the electric utility industry, has acquired the utilities business from West Technology Group's CX360 division ("West Utilities"). Following the previously announced acquisitions of AGENT511 and i2sms, this transaction reflects Message Broadcast's commitment to building, acquiring, and integrating the best customer engagement solutions, purpose-built for the utility industry. The terms of the transaction were not disclosed. Since 1989, utilities have relied on the call over

NEW YORK, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE:APO) today announced that funds associated with its Impact and Clean Transition strategies (the "Apollo Funds") have acquired a majority stake in The State Group ("TSG" or the "Company") from Blue Wolf Capital ("Blue Wolf"). Blue Wolf will retain a minority stake in the business, alongside existing management shareholders. Established in 1961, TSG is a leading provider of electrical, mechanical, robotics and automation services, with a strong presence across industrial end markets. TSG executes complex projects at facilities from newbuild to ongoing maintenance and retrofit with decades-long customer relationships across key mar

NEW YORK, Nov. 17, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE:APO) today announced it has opened an office in Seoul and that Jay Hyun Lee has joined the firm as a Partner and Head of Korea to help execute and build on its growth plans in the market. Apollo has established a successful track record over more than 15 years in Asia Pacific, providing capital and retirement solutions to assist, support and partner with institutions across various geographies, including South Korea. The firm has grown its operational presence across Tokyo, Sydney, Hong Kong, Mumbai and Singapore since 2006. As Head of Korea, Lee will help drive Apollo's capital formation strategy, institutional relationships and t

LAS VEGAS, Nov. 14, 2024 /PRNewswire/ -- Everi Holdings Inc. (NYSE:EVRI) ("Everi" or the "Company"), a premier provider of land-based and digital casino gaming content and products, financial technology, player loyalty solutions, and bingo, announced today that its stockholders have voted at a special meeting of Everi stockholders (the "Special Meeting") to approve the pending simultaneous acquisition of Everi and the Gaming & Digital business of International Game Technology PLC (NYSE:IGT) by a newly formed holding company owned by funds managed by affiliates of Apollo Global Management, Inc. (NYSE:APO) (the "Apollo Funds") through a merger. As previously announced, pursuant to the terms of

Austin, TX, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Austin, TX, November 12, 2024 – LeafHouse, a national discretionary investment manager and consultant to the retirement plan industry, announced today that South Dakota trust company, Alta Trust, launched the Alta Privately Managed Alts Fund, a Collective Investment Trust ("CIT"). The CIT investments will include private investments managed by Apollo (NYSE:APO), a leading provider of alternative assets and retirement solutions, and Franklin Templeton (NYSE:BEN), a global investment management firm. Alta Trust serves as the CIT trustee.  The launch of the Alta Privately Managed Alts Fund marks an expansion of the RetireGuide advisor managed

Apollo and Motive led a $20 million Series A investment in Vega to scale its alternative asset manager client service technology platform – Vega AltOS – building on Vega's $8 million seed investment from Motive, Picus Capital, Citi Ventures, and 60+ senior financial services executives. Apollo has become an enterprise-scale anchor client, using Vega AltOS to power its client services across its institutional, family office, and global wealth channels. Additionally, Apollo will contribute Edna, one of the largest alternative employee investment platforms in the market with more than $2 billion in employee AUM, into Vega. Vega, an alternative investment technology company, founded

Southlake, Texas, Nov. 11, 2024 (GLOBE NEWSWIRE) -- GI Alliance (GIA) announced today that it has entered into a definitive agreement with Cardinal Health (NYSE:CAH) through which Cardinal Health will acquire a majority stake in GIA, a physician-led, national management services organization supporting independent gastroenterology practices from a combination of GIA physician owners and funds managed by affiliates of Apollo (NYSE:APO).  The transaction values GI Alliance at $3.9 billion. "GI Alliance and Cardinal Health are aligned in our shared vision to build a physician-led, national specialty healthcare platform that will be the preferred choice for patients seeking dependable, high

Acquisition of a majority stake in GI Alliance, the country's leading gastroenterology management services organization, to accelerate Cardinal Health's multi-specialty growth strategy Acquisition of the Advanced Diabetes Supply Group, a leading national direct-to-patient provider of diabetes medical supplies, to accelerate Cardinal Health's at-Home Solutions growth strategyCompany announces plan to hold Investor Day in June 2025DUBLIN, Ohio, Nov. 11, 2024 /PRNewswire/ -- Cardinal Health (NYSE:CAH) announced today that it has entered into definitive agreements to acquire two companies that accelerate Cardinal Health's strategic growth areas and that will enhance patient care. The company als

NEW YORK and ABU DHABI, United Arab Emirates, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE:APO) and Mubadala Investment Company ("Mubadala") today announced an extension of their multi-billion-dollar partnership focused on global origination opportunities. The multiple year extension of this partnership, which was first established in 2022, further strengthens Apollo's Capital Solutions business and ability to originate investment opportunities of scale across asset classes to help meet the growing demand for bespoke private debt and equity financing solutions globally. Co-President of Apollo Asset Management Jim Zelter said, "We are pleased to extend our partnership with Mubadala, whic

Piper Sandler initiated coverage of Apollo Global Management with a rating of Overweight and set a new price target of $188.00

Wolfe Research initiated coverage of Apollo Global Management with a rating of Outperform and set a new price target of $139.00

Wells Fargo initiated coverage of Apollo Global Management with a rating of Overweight and set a new price target of $132.00

Redburn Atlantic initiated coverage of Apollo Global Management with a rating of Buy and set a new price target of $153.00

BofA Securities upgraded Apollo Global Management from Neutral to Buy and set a new price target of $123.00

JP Morgan resumed coverage of Apollo Global Management with a rating of Overweight and set a new price target of $122.00

TD Cowen initiated coverage of Apollo Global Management with a rating of Outperform and set a new price target of $115.00

BMO Capital Markets resumed coverage of Apollo Global Management with a rating of Outperform and set a new price target of $108.00

Oppenheimer downgraded Apollo Global Management from Outperform to Perform

Citigroup initiated coverage of Apollo Global Management with a rating of Buy and set a new price target of $80.00

4 - Apollo Global Management, Inc. (0001858681) (Issuer)

Mubadala and Athene to Participate as Apollo Strategic Partner and Affiliate, Respectively Citi & Apollo Private Credit, Direct Lending Program Marks Largest Relationship of its Kind Citigroup Inc. (NYSE:C) and Apollo (NYSE:APO) today announced that they have entered into an exclusive agreement for a subsidiary of Citi and certain affiliates of Apollo to form a landmark $25 billion private credit, direct lending program initially in North America, with the potential to expand to additional geographies. The program will include participation from Mubadala Investment Company as Apollo's strategic partner as well as Apollo's subsidiary, Athene, both of which will have the opportunity to join

NEW YORK, July 23, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600: Avantor Inc. (NYSE:AVTR) will replace QuidelOrtho Corp. (NASD:QDEL) in the S&P MidCap 400, and QuidelOrtho will replace Hibbett Inc. (NASD:HIBB) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, July 26. JD Sports Fashion Plc (XLON: JD) is acquiring Hibbett in a deal expected to close soon pending final closing conditions.Schneider National Inc. (NYSE:SNDR) will replace U.S. Silica Holdings Inc. (NYSE:SLCA) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, July 31. Apollo Global Management Inc. (NYS

FundingShield is pleased to announce that John Hedlund has joined its advisory board. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240429549545/en/John Hedlund - Advisor to FundingShield (Graphic: Business Wire) John Hedlund, founder of Adanac Advisory Group (AAG), a boutique advisory and consulting firm, recently retired from AmeriHome Mortgage, a Western Alliance Bank Company where John was Chief Operating Officer and Managing Director. John was one of the original founders (2013) of AmeriHome and helped lead the sale to Western Alliance Bank in 2021. AmeriHome quickly grew from inception to become the 2nd largest Correspond

NEW YORK, March 08, 2024 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE:APO) today announced the appointment of Chris McIntyre as Partner, Global Head of the Institutional Client Group and member of the firm's Leadership Team, effective April 15, 2024. Based in New York, he will be responsible for managing the firm's institutional distribution channel. McIntyre joins a talented team that delivered robust third-party inflows of approximately $45 billion in 2023. Apollo Co-Presidents Scott Kleinman and Jim Zelter said, "Institutions around the globe have long formed the bedrock of our leading alternative asset management and retirement services businesses. Chris' deep relationship

NEW YORK, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Apollo Debt Solutions BDC ("ADS" or the "Fund") today announced that it has appointed Eric Rosenberg and Adam Eling as Chief Financial Officer and Chief Operating Officer, respectively, of ADS, effective October 2, 2023. ADS is a non-exchange traded business development company ("BDC") sponsored by affiliates of Apollo (NYSE:APO) that invests primarily in private loans and securities, mainly to large cap, private U.S. companies, and to a lesser extent, middle market U.S. and international companies. Apollo Partner Earl Hunt, Chair and CEO of ADS, said, "We are pleased for Eric and Adam to assume these new roles, building on the Fund's signific

Shutterfly, a leading e-commerce company for personalized products and custom design, today announced the appointment of Jan Paul Teuwen as Senior Vice President and Chief Financial Officer (CFO), effective September 11, 2023. Jan Paul will succeed Mike Eklund, who will be stepping down from the CFO role to pursue other opportunities. "This is an exciting moment for the Shutterfly family of brands as we chart the course for our next phase of strategic growth," said Sally Pofcher, CEO of Shutterfly. "Jan Paul's focus on creating lasting value, combined with his operational know-how and extensive global manufacturing experience, positions us well to embrace the opportunities that lie ahead.

Moleaer appoints new CBO to lead commercial strategy and drive global growth across multiple verticals. Moleaer, a global leader in nanobubble technology, today announced that Hoshang Subawalla has joined the company as its Chief Business Officer, a newly created role that reflects the company's rapid commercial expansion. With more than 18 years of experience in the global water treatment business, Subawalla will oversee Moleaer's commercial strategy, driving revenue growth as the company continues to expand geographically and into new applications. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230516005497/en/Hoshang Subawa

NEW YORK, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE:APO) (together with its consolidated subsidiaries, "Apollo") today announced former U.S. Senator Patrick Toomey has been appointed to its Board of Directors, effective March 15, 2023. With this appointment, the Apollo Board of Directors will increase to 17 directors, 13 of whom are independent. Mr. Toomey represented Pennsylvania in the U.S. Senate from 2011 to 2023, serving on the Senate Banking, Housing, and Urban Affairs, Budget, and Finance Committees, as well as the Joint Economic Committee and the Joint Select Committee on Deficit Reduction. He chaired the Subcommittee on Financial Institutions and Co

MIDLAND, Texas, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Total Operations and Production Services, LLC ("TOPS", or the "Company") today announced that L.D. Green, Founder and Chief Executive Officer, has elected to retire and transition to serving as Chairman of the Company's Board of Directors. The Board of Directors has appointed Brian Green, formerly Chief Operating Officer of TOPS who has been with the Company since 2006, to succeed L.D. Green as Chief Executive Officer. Since its founding in 1996, TOPS has transformed under L.D. Green's leadership to what is today the leading provider of environmentally friendly, electric-drive compressors under contract to top-tier customers in the Permian

NEW YORK, Dec. 26, 2022 (GLOBE NEWSWIRE) -- Apollo (NYSE:APO) today announced that Tatsuo Tanaka has been named as Japan Chair to Apollo. Mr. Tanaka is a 50-year veteran of the banking and finance industry in Japan, having held various senior positions in leading financial institutions, including as Deputy President of MUFG Bank and Mitsubishi UFJ Financial Group, Chairman of Union Bank and, most recently, Chairman of Citigroup Japan. Mr. Tanaka's appointment reflects Apollo's continued growth in its asset management and retirement services businesses in Japan.   "This new role is a reflection of the importance we place on Japan and the growth opportunities we see in the country to provid