The New York-based global alternative investment manager is raising capital for its Total Return Investment Grade, a fund that invests in deals the firm originates in its high-grade capital solutions business.
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PHOTO: APOLLO
Apollo targets $5B for high-
grade income fund
The New York-based global alternative investment manager is raising capital for its Total Return Investment Grade, a fund that invests in deals the firm originates in its high-grade capital solutions business. Read here
Xerox to buy Lexmark from Chinese owners
The Connecticut-based photocopying and printing pioneer is nearing a deal to acquire the Kentucky-based imaging and printing solutions specialist that values the company at $1.5 billion, including debt.Read here
PHOTO: CCC2012
Apple’s $1B investment fleeting win for Indonesia
Indonesia claimed victory after the California-based technology giant offered to increase its investment in the country to get the government to lift a ban on the sale of iPhone 16s, but the win may be short-lived.Read here
PHOTO: TEXTLAD
Nippon Life eyes TCW stake, in $12B buy spree
Having committed to pouring billions into a pair of global insurers, the Japanese company is now turning to asset managers, including the California-based firm, as it seeks to diversify its business.Read here
The French lender has finalized the purchase of the insurance company’s asset management arm in the biggest acquisition under its current executive leadership. Read here
Aviva to downsize in
$4.65B Direct Line deal
The British insurer could cut up to 2,300 jobs as it takes over its smaller rival in a cash-and-stock deal, creating the UK’s largest home and motor insurer. Read here
News Corp to sell Foxtel
to DAZN in $2.1B deal
The Murdoch-controlled New York-headquartered media giant has agreed to sell its Australian cable TV unit to the British-owned sports network. Read here
Nordic Capital closes Evolution II fund at $2.1B
The Swedish private equity investor closed its Nordic Capital Evolution II fund exceeding its target of $1.4 billion, supported by a mix of institutional investors.Read here
