Apollo Global Management

Mount Logan Capital Inc. Announces First Quarter 2023 Financial Results

Retrieved on: 
Friday, May 12, 2023

TORONTO, May 11, 2023 (GLOBE NEWSWIRE) -- Mount Logan Capital Inc. (NEO: MLC) (the “Company” or “Mount Logan”) announced today its financial results for the quarter ended March 31, 2023. All amounts are stated in United States dollars, unless otherwise indicated. The financial results have been adjusted for the adoption of IFRS 17 Insurance Contracts (“IFRS 17”) which became effective January 1, 2023. IFRS 17 is effective for years beginning as of January 1, 2023, and has been applied retrospectively with a transition date of January 1, 2022. IFRS 17 does not impact the underlying economics of the business, nor does it impact the Company’s business strategies.

Key Points: 
  • Increases MYGA Volumes Quarter-over-Quarter, Increases Insurance Net Investment Income Year-over-Year, Successfully Transitions to IFRS 17
    Declares Quarterly Distribution of C$0.02 Per Common Share in the Second Quarter of 2023, Marking the Fifteenth Consecutive Quarter of a Shareholder Distribution
    TORONTO, May 11, 2023 (GLOBE NEWSWIRE) -- Mount Logan Capital Inc. (NEO: MLC) (the “Company” or “Mount Logan”) announced today its financial results for the quarter ended March 31, 2023.
  • The financial results have been adjusted for the adoption of IFRS 17 Insurance Contracts (“IFRS 17”) which became effective January 1, 2023.
  • Concurrent with the Amendment, a wholly owned subsidiary of Mount Logan upsized its existing credit facility by $4.5 million.
  • Total Capital as at March 31, 2023, our total capital was $78.0 million, an decrease of $30.0 million from December 31, 2022.

UNIVAR SOLUTIONS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Univar Solutions Inc. - UNVR

Retrieved on: 
Thursday, May 11, 2023

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

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Univar Solutions Inc. (NYSE: UNVR) to Apollo Global Management, Inc. (NYSE: APO).
  • Under the terms of the proposed transaction, shareholders of Univar will receive $36.15 in cash for each share of Univar 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 .

STOCKHOLDER ALERT: The M&A Class Action Firm Continues Investigating the Merger – ARNC, TESS, NATI, PTRS

Retrieved on: 
Wednesday, May 10, 2023

Under the terms of the agreement, ARNC shareholders are expected to receive $30.00 in cash per share they own.

Key Points: 
  • Under the terms of the agreement, ARNC shareholders are expected to receive $30.00 in cash per share they own.
  • TESSCO Technologies Inc. (NASDAQ: TESS ), relating to its proposed sale to affiliates of Lee Equity Partners and Twin Point Capital.
  • Under the terms of the agreement, TESS shareholders are expected to receive $9.00 in cash per share they own.
  • Under the terms of the agreement, PTRS shareholders are expected to receive 1.15 shares of LINKBANCORP stock per share they own.

ALERT: The M&A Class Action Firm Continues Investigating the Merger – RADI, HSKA, FOCS, UNVR

Retrieved on: 
Wednesday, May 10, 2023

Under the terms of the agreement, RADI shareholders are expected to receive $15.00 in cash per share they own.

Key Points: 
  • Under the terms of the agreement, RADI shareholders are expected to receive $15.00 in cash per share they own.
  • Under the terms of the agreement, HSKA shareholders are expected to receive $120.00 in cash per share they own.
  • Univar Solutions Inc. (NYSE: UNVR ), relating to its sale to affiliates of Apollo Global Management, Inc.
  • Under the terms of the agreement, UNVR shareholders will receive $36.15 in cash per share they own.

Malwarebytes Launches Mobile Security for OneView MSP Platform to Safeguard Chromebooks, Android and iOS Devices

Retrieved on: 
Tuesday, May 9, 2023

SANTA CLARA, Calif., May 9, 2023 /PRNewswire/ -- Malwarebytes, a global leader in real-time cyber protection, today launched Malwarebytes Mobile Security for OneView, enabling MSPs to safeguard Chromebooks, Android and iOS devices against the latest mobile threats such as ransomware and malicious apps. MSPs can now use the Malwarebytes OneView multi-tenant platform to monitor their customers' mobile phones and tablets alongside their servers, workstations and laptops. With real-time protection, MSPs also can prevent accidental access to harmful websites, safeguard against malicious apps, block unwanted in-app ads and enable a secure mobile experience for their customers.

Key Points: 
  • SANTA CLARA, Calif., May 9, 2023 /PRNewswire/ -- Malwarebytes , a global leader in real-time cyber protection, today launched Malwarebytes Mobile Security for OneView , enabling MSPs to safeguard Chromebooks, Android and iOS devices against the latest mobile threats such as ransomware and malicious apps.
  • MSPs can now use the Malwarebytes OneView multi-tenant platform to monitor their customers' mobile phones and tablets alongside their servers, workstations and laptops.
  • The Malwarebytes OneView platform unifies management of endpoint security, licensing subscriptions, role-based access, customer reporting and more.
  • Malwarebytes continues to invest in its OneView platform with a focus on making cybersecurity easy to buy, deploy, use and manage.

Apollo Reports First Quarter 2023 Results

Retrieved on: 
Tuesday, May 9, 2023

NEW YORK, May 09, 2023 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the first quarter ended March 31, 2023.

Key Points: 
  • NEW YORK, May 09, 2023 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the first quarter ended March 31, 2023.
  • Apollo Global Management, Inc. has declared a cash dividend of $0.43 per share of its Common Stock for the first quarter ended March 31, 2023.
  • This dividend will be paid on May 31, 2023 to holders of record at the close of business on May 22, 2023.
  • During the webcast, members of Apollo’s senior management team will review Apollo’s financial results for the first quarter ended March 31, 2023.

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, May 5, 2023

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 .

SHAREHOLDER ALERT: The M&A Class Action Firm Continues Investigating the Merger – RUTH, MDWT, ENZ, ARNC

Retrieved on: 
Thursday, May 4, 2023

Under the terms of the tender offer, RUTH shareholders are expected to receive $21.50 in cash per share they own.

Key Points: 
  • Under the terms of the tender offer, RUTH shareholders are expected to receive $21.50 in cash per share they own.
  • Under the terms of the agreement, MDWT shareholders are expected to receive $27.00 in cash per share they own.
  • Arconic Corp. (NYSE: ARNC ), relating to its proposed sale to affiliates of Apollo Global Management, Inc.
  • Under the terms of the agreement, ARNC shareholders are expected to receive $30.00 in cash per share they own.

SHAREHOLDER ALERT: The M&A Class Action Firm Continues Investigating the Merger – UNVR, FOCS, TESS, HSKA

Retrieved on: 
Thursday, May 4, 2023

Under the terms of the agreement, UNVR shareholders will receive $36.15 in cash per share they own.

Key Points: 
  • Under the terms of the agreement, UNVR shareholders will receive $36.15 in cash per share they own.
  • Focus Financial Partners Inc. (NASDAQ: FOCS ), relating to its proposed sale to affiliates of Clayton Dubilier & Rice LLC.
  • Under the terms of the agreement, FOCS shareholders are expected to receive $53.00 in cash per share they own.
  • Under the terms of the agreement, HSKA shareholders are expected to receive $120.00 in cash per share they own.

Arconic to Be Acquired by Apollo Funds

Retrieved on: 
Thursday, May 4, 2023

Arconic Corporation (NYSE: ARNC) (“Arconic” or the “Company”) announced today that it has entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (“Apollo”), in an all-cash transaction that values the Company at an enterprise value of approximately $5.2 billion.

Key Points: 
  • Arconic Corporation (NYSE: ARNC) (“Arconic” or the “Company”) announced today that it has entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (“Apollo”), in an all-cash transaction that values the Company at an enterprise value of approximately $5.2 billion.
  • “This transaction represents a realization of value for Arconic shareholders at a meaningful premium and enables the Company to execute its long-term strategic vision.
  • We are pleased to reach this agreement with Apollo,” said Fritz Henderson, Chairman of the Arconic Board of Directors.
  • and Goldman Sachs & Co. LLC are serving as financial advisors to Arconic, and Wachtell, Lipton, Rosen & Katz is serving as legal counsel to Arconic.