Apollo Global Management Stock News

Tegna (TGNA) announces that it has agreed to be acquired by a Standard General affiliate for $8.6 billion enterprise value.

Private-equity firm pays roughly double Tenneco's closing share price in a deal that values the clean air and powertrain system manufacturer at $7.1 billion.

Is market sentiment reversing again?

Apollo Global Management Inc. said Wednesday it agreed to buy Tenneco Inc. for $20 a share, a 100.4% premium over the stock''s closing price of $9.98 a share on Tuesday. The deal values Lake Forest Ill.-based Tenneco at about $7.1 billion, including debt. The manufacturer of clean air, powertrain and ride performance products and systems said the deal will maximize shareholder value. Apollo partner Michael Reiss is leading the transaction for the private equity firm. Shares of Tenneco rallied 90.3% in premarket trades. Not counting Wednesday''s moves, the stock was down 11.7% so far in 2022, compared to a drop of 9.7% by the S&P 500. Apollo shares are down 12.7% this year. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Apollo Global Management Inc. undefined said Wednesday it agreed to buy Tenneco Inc. undefined for $20 a share, a 100.4% premium over the stock''s closing

Yahoo Finance's Julie Hyman and Brian Sozzi discuss news that private equity firm Apollo Global Management is taking auto-parts manufacturer Tenneco private at a big premium. (Apollo is Yahoo Finance'

Shares of TEN stock nearly doubled this morning after reports surfaced that Apollo Global would take the car components company private. The post TEN Stock Alert: 10 Things to Know About Apollo's Deal

Apollo Global Management Inc. APO, -1.51% said Wednesday it agreed to buy Tenneco Inc. TEN, -5.04% for $20 a share, a 100.4% premium over the stock's closing price of $9.98 a share on Tuesday. The dea

SoFi is buying banking software provider Technisys, while Apollo Global Management plans to scoop up Worldlines point of sale terminal business for $2.6 billion.

Bidders for the government''s stake in Bharat Petroleum Corp (BPCL) have sought more clarity on autonomy in the pricing of fuel products. They also want the government to give a realistic timeline for the blending of ethanol with petrol to give them more flexibility.Bidders are keen on clarity about these issues as despite deregulation, oil marketing companies do not enjoy full freedom on fuel pricing, sources said.The Centre is planning to sell its entire 53% stake in BPCL. The Cabinet had cleared the strategic sale in November 2019. Expressions of interest (EoIs) were invited in March 2020.However, despite BPCL having access to more than 14% of India''s oil refining capacity and 23% of the fuel market share, none of the big energy players submitted an EoI.The three contenders now for the company are Anil Agarwal-led Vedanta Group, Apollo Global Management and Think Gas, backed by private equity major I Squared Capital."The petrol and diesel prices are deregulated, but still there is an invisible cap on it.

Ttwo private equity firms are buying local TV giant company Tegna in an $5.4 billion deal. Top line Standard General and Apollo Global Management have partnered to acquire the company for $24 per share, an equity value of approximately $5.4 billion and an enterprise value of around $8.6 billion, according to the company. Between the

Standard General and Apollo Global Management Inc (NYSE: APO) agreed to acquire television broadcaster Tegna Inc (NYSE: TGNA). They will acquire Tegna in a transaction valued at $24 a share.  T

Standard General and Apollo Global Management Inc (NYSE: APO ) agreed to acquire television broadcaster Tegna Inc (NYSE: TGNA ). They will acquire Tegna in a transaction valued at $24 a share. The purchase price implied a premium of 39% on the unaffected closing share price on September 14, 2021, the last full trading day before media speculation about a potential sale of TEGNA, and a premium of 11% to Full story available on Benzinga.com

Tegna Inc. (TGNA) confirmed an agreement to be sold to Standard General and Apollo Global (APO) for $24/share in a cash in a deal valued at a total of $8.6B including debt

Apollo Global Management (APO) and Abu Dhabi''s sovereign wealth fund, Mubadala Investment, expand their global partnership in a move expected to accelerate Apollo''s five-year