KM Financial Solutions | Apollo raises Athene stake in bid to boost its value
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Apollo raises Athene stake in bid to boost its value

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.

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