Apollo Global Management LLC (APO.N)
|Market Cap (Mil.):||$3,820.53|
|Shares Outstanding (Mil.):||156.77|
(Adds Talisman, Neustar, Airbus, Apollo Global Management)
LISBON - U.S.-based Apollo Global Management is in exclusive talks to buy Portuguese insurance company Tranquilidade, part of the troubled web of businesses of the Espirito Santo family, for some 200 million euros ($264.6 million), a source close to the transaction said.
Aug 6 - Apollo Global Management LLC said on Wednesday its second-quarter earnings fell 6 percent, missing most analysts' expectations, as it sold fewer of its private equity holdings while taxes and expenses rose.
Aug 6 - Apollo Global Management LLC said on Wednesday its second-quarter earnings declined 6 percent, missing most analysts' expectations, as it sold fewer of its private equity holdings while taxes and expenses rose.
(Corrects name in Banca Popolare dell Etruria entry to Fabio Arpe) The following factors could affect Italian markets on Wednesday.
- Food retailer Smart & Final Stores Inc, backed by private equity firm Ares Management LP , filed with U.S. regulators on Friday to raise up to $100 million in an initial public offering of its common stock.
- William Egan, a Bank of America Merrill Lynch top investment banker for financial institutions, has resigned to join credit investment and private equity firm Oaktree Capital Group LLC , according to people familiar with the matter.
MILAN - Italian lottery operator GTECH is in preliminary talks to buy Las Vegas-based International Game Technology (IGT) in a cash and shares deal that would make it a significant player in the casino slot machine business.
* IGT deal positive for GTECH but hard to swallow -analysts (Adds analysts comments, IGT statement)
MILAN - Italian lottery operator GTECH said on Monday it was in preliminary talks to buy Las Vegas-based slot machine maker International Game Technology in a deal that could involve a cash and paper offer.