Apollo Global Management

TEAMSTERS CALL ON FEDERAL GOVERNMENT TO REFORM CORPORATE BANKRUPTCY LAWS

Retrieved on: 
Tuesday, August 8, 2023
White House, Senate, Chapter 11, Title 11, United States Code, Hostess, White, Congress, International Brotherhood of Teamsters, Retirement, Representative, 2021 Teamsters Union Election, Corporation, Federation, Pensioner, Louisiana House of Representatives, House, Apollo Global Management, Bankruptcy, Legislation, Airline, Pension fund, Yellow

WASHINGTON, Aug. 8, 2023 /PRNewswire/ -- The Teamsters Union is calling on the federal government to reform corporate bankruptcy laws following Yellow Corp.'s filing for Chapter 11 this week. The freight company's closure leaves 22,000 union members without work despite Teamsters at Yellow giving back more than $5 billion in wages and benefits since 2009.

Key Points: 
  • Companies Like Yellow Should Not Be Able to Escape Accountability, O'Brien Says
    WASHINGTON, Aug. 8, 2023 /PRNewswire/ -- The Teamsters Union is calling on the federal government to reform corporate bankruptcy laws following Yellow Corp.'s filing for Chapter 11 this week.
  • We see this with federal labor laws as well with workers fighting an unequal system for more than 400 days to get a union contract.
  • The Teamsters are calling on Congress and the White House to pass and enact new legislation that prioritizes workers throughout the corporate bankruptcy process.
  • Yet existing bankruptcy rules encourage corporate vultures to pick apart workers' bones, shred union contracts, and kill off companies," O'Brien said.

Apollo to Offer Series A Mandatory Convertible Preferred Stock

Retrieved on: 
Monday, August 7, 2023
Attention, Varick Street, APO, Telephone, Michigan Office of Retirement Services, Goldman Sachs, Securities and Exchange Commission (Nigeria), Sale, Apollo, Prospectus, Offering, Wells Fargo, 2nd Floor, NYSE, Convertible, Apollo Global Management, Security (finance)

NEW YORK, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (the “Issuer,” and together with its consolidated subsidiaries, “Apollo”) today announced that it has commenced an offering of $1,000.0 million (20,000,000 shares) of its Series A Mandatory Convertible Preferred Stock, par value $0.00001 per share (the “Mandatory Convertible Preferred Stock”), subject to market and other conditions (the “Offering”).

Key Points: 
  • NEW YORK, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (the “Issuer,” and together with its consolidated subsidiaries, “Apollo”) today announced that it has commenced an offering of $1,000.0 million (20,000,000 shares) of its Series A Mandatory Convertible Preferred Stock, par value $0.00001 per share (the “Mandatory Convertible Preferred Stock”), subject to market and other conditions (the “Offering”).
  • Apollo expects to grant the underwriters a 30-day option to purchase up to an additional $150.0 million (3,000,000 shares) of Mandatory Convertible Preferred Stock to cover over-allotments, if any.
  • Each share of Mandatory Convertible Preferred Stock will have a liquidation preference of $50.00 per share.
  • This press release shall not constitute an offer to sell or a solicitation of an offer to purchase the Mandatory Convertible Preferred Stock or any other securities, and shall not constitute an offer, solicitation or sale of the Mandatory Convertible Preferred Stock in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.

Apollo Reports Second Quarter 2023 Results

Retrieved on: 
Thursday, August 3, 2023
Apollo, Webcast, Common stock, AAM, E series of preferred numbers, NYSE, Apollo Global Management, APO, Holding company, Security (finance), Broadcasting

NEW YORK, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the second quarter ended June 30, 2023.

Key Points: 
  • NEW YORK, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the second quarter ended June 30, 2023.
  • As the industry and investors begin to understand the full potential of private credit, the fruits of our labor are becoming increasingly evident and helped drive our strong second quarter results.”
    Apollo issued a full detailed presentation of its second quarter ended June 30, 2023 results, which can be viewed on Apollo’s Investor Relations website at ir.apollo.com .
  • Apollo Global Management, Inc. has declared a cash dividend of $0.43 per share of its Common Stock for the second quarter ended June 30, 2023.
  • During the webcast, members of Apollo’s senior management team will review Apollo’s financial results for the second quarter ended June 30, 2023.

Athene Announces Fixed Income Investor Conference Call

Retrieved on: 
Wednesday, July 26, 2023
NYSE, Apollo Global Management, APO, Cryptocurrency, Risk management, Bank

HAMILTON, Bermuda, July 26, 2023 (GLOBE NEWSWIRE) -- Athene Holding Ltd. (“Athene”), a leading retirement services company and wholly owned subsidiary of Apollo Global Management, Inc. (NYSE:APO) announced it will host a Fixed Income Investor conference call on Wednesday, August 16, 2023 at 10:00AM ET.

Key Points: 
  • HAMILTON, Bermuda, July 26, 2023 (GLOBE NEWSWIRE) -- Athene Holding Ltd. (“Athene”), a leading retirement services company and wholly owned subsidiary of Apollo Global Management, Inc. (NYSE:APO) announced it will host a Fixed Income Investor conference call on Wednesday, August 16, 2023 at 10:00AM ET.
  • The call will feature members of Athene’s senior management team, who will provide an update on current business trends, new business origination, the investment portfolio, and capital.

(ARNC): Johnson Fistel Investigates Proposed Sale of Arconic Corporation; Is $30.00 a Fair Price?

Retrieved on: 
Tuesday, July 18, 2023
ARNC, Apollo, Learning, Sale, LLP, Acquisition, NYSE, SAN, Apollo Global Management, APO, Arconic

SAN DIEGO, July 18, 2023 (GLOBE NEWSWIRE) -- Stockholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Arconic Corporation (NYSE: ARNC) (“Arconic” or the “Company”) breached their fiduciary duties in connection with the proposed sale of the Company to Apollo Global Management, Inc. (NYSE: APO) (“Apollo”).

Key Points: 
  • SAN DIEGO, July 18, 2023 (GLOBE NEWSWIRE) -- Stockholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Arconic Corporation (NYSE: ARNC) (“Arconic” or the “Company”) breached their fiduciary duties in connection with the proposed sale of the Company to Apollo Global Management, Inc. (NYSE: APO) (“Apollo”).
  • If you are a stockholder of Arconic and believe the proposed buyout price is too low or you're interested in learning more about the investigation, please contact lead analyst Jim Baker ( [email protected] ) at 619-814-4471.
  • Additionally, you can click or copy and paste the following link:
    There is no cost or obligation to you.
  • On May 4, 2023, Arconic announced that it has entered into a definitive agreement to be acquired by Apollo.

Managed Security Services Market size worth $ 58.15 Billion, Globally, by 2028 at 14.31% CAGR: Verified Market Research®

Retrieved on: 
Thursday, July 13, 2023
AT&T, IBM, Secureworks, Prevalence, AT, Bring your own device, Apollo Global Management, Bank statement, MSS, BT, Research, USD, Trustwave Holdings, Government, Organization, Managed security service, SWOT, Trust, Small and medium-sized enterprises, Security type system, BAE Systems, Geography, Growth, Verizon Communications, BYOD, SME, Renewable energy, Cryptocurrency, Risk management, Vertical, Symantec

JERSEY CITY, N.J., July 13, 2023 /PRNewswire/ -- The Global Managed Security Services Market is projected to grow at a CAGR of 14.31% from 2021 to 2028, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 19.76 Billion in 2020 and is expected to reach USD 58.15 Billion by the end of the forecast period.

Key Points: 
  • The report provides an in-depth analysis of the global Managed Security Services Market, including its growth prospects, market trends, and market challenges.
  • The market for managed security services is expected to witness substantial expansion, primarily fueled by a host of compelling market drivers.
  • To get market data, market insights, financial statements and a comprehensive analysis of the Global Managed Security Services Market, please Contact Verified Market Research® .
  • Based on the research, Verified Market Research® has segmented the global Managed Security Services Market into Type, Security Type, Organization Size, Deployment Model, Vertical, And Geography.

Managed Security Services Market size worth $ 58.15 Billion, Globally, by 2028 at 14.31% CAGR: Verified Market Research®

Retrieved on: 
Thursday, July 13, 2023
AT&T, IBM, Secureworks, Prevalence, AT, Bring your own device, Apollo Global Management, Bank statement, MSS, BT, Research, USD, Trustwave Holdings, Government, Organization, Managed security service, SWOT, Trust, Small and medium-sized enterprises, Security type system, BAE Systems, Geography, Growth, Verizon Communications, BYOD, SME, Renewable energy, Cryptocurrency, Risk management, Vertical, Symantec

JERSEY CITY, N.J., July 13, 2023 /PRNewswire/ -- The Global Managed Security Services Market is projected to grow at a CAGR of 14.31% from 2021 to 2028, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 19.76 Billion in 2020 and is expected to reach USD 58.15 Billion by the end of the forecast period.

Key Points: 
  • The report provides an in-depth analysis of the global Managed Security Services Market, including its growth prospects, market trends, and market challenges.
  • The market for managed security services is expected to witness substantial expansion, primarily fueled by a host of compelling market drivers.
  • To get market data, market insights, financial statements and a comprehensive analysis of the Global Managed Security Services Market, please Contact Verified Market Research® .
  • Based on the research, Verified Market Research® has segmented the global Managed Security Services Market into Type, Security Type, Organization Size, Deployment Model, Vertical, And Geography.

Paine Schwartz Partners Adds Head of Sustainability and Chief Transformation Officer to Portfolio Excellence Platform and Director to Investment Team

Retrieved on: 
Tuesday, July 11, 2023
Social responsibility, Food, Head, Adviser, Woman, Apeel Sciences, Food chain, Biophysical environment, ESG, Social, Blackstone Inc., Apollo Global Management, Management, Sustainability

NEW YORK, July 11, 2023 /PRNewswire/ -- Paine Schwartz Partners ("Paine Schwartz"), a global leader in sustainable food chain investing, today announced the addition of two new functional leads to its Portfolio Excellence Platform ("PEP") team, with the appointments of Rachel Hurley as Head of Sustainability and Adrian Cox as Chief Transformation Officer.

Key Points: 
  • NEW YORK, July 11, 2023 /PRNewswire/ -- Paine Schwartz Partners ("Paine Schwartz"), a global leader in sustainable food chain investing, today announced the addition of two new functional leads to its Portfolio Excellence Platform ("PEP") team, with the appointments of Rachel Hurley as Head of Sustainability and Adrian Cox as Chief Transformation Officer.
  • As Head of Sustainability, Ms. Hurley will focus on driving ESG value creation across Paine Schwartz portfolio companies and lead firmwide sustainability and social responsibility strategy and initiatives.
  • As Chief Transformation Officer, Mr. Cox will spearhead business transformation at the portfolio company level, with a near-term focus on enhancing value at AgroFresh.
  • Kevin Schwartz, Chief Executive Officer of Paine Schwartz, said, "The appointments of Rachel, Adrian and Therisa demonstrate our commitment to adding top talent across the firm.

Moore Kuehn Encourages SYNH, SPPI, ARNC and EMBK Investors to Contact Law Firm

Retrieved on: 
Monday, July 3, 2023
PLLC, Spectrum Pharmaceuticals, Assertio Therapeutics, Wall Street, Fraud, Apollo Global Management, Intuition, Security (finance), Bank, Arconic, Syneos Health

Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies.

Key Points: 
  • Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies.
  • Moore Kuehn encourages shareholders who would like to discuss their rights to contact Justin Kuehn, Esq.
  • Shareholders should contact the firm immediately as there may be limited time to enforce your rights.
  • Moore Kuehn is a 5-star Google client-rated New York City law firm with attorneys representing investors and consumers in litigation involving securities laws, fraud, breaches of fiduciary duties, and other claims.

ARCONIC INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Arconic Corporation - ARNC

Retrieved on: 
Friday, June 30, 2023
Class Action Lawsuit, Professional Services, Legal, ARNC, Sale, KSF, NYSE, Apollo Global Management, APO, Arconic

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Arconic Corporation (NYSE: ARNC) to affiliates of Apollo Global Management, Inc. (NYSE: APO).

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Arconic Corporation (NYSE: ARNC) to affiliates of Apollo Global Management, Inc. (NYSE: APO).
  • Under the terms of the proposed transaction, shareholders of Arconic will receive $30.00 in cash for each share of Arconic that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .