Apollo news and archive
Marks & Spencer buyout mulled by US investment giant
US investment firm Apollo Global Management is reportedly mulling a buyout of Marks & Spencer. The New York-based firm considers the British retailer’s share price to be unreasonably weighed down by the pandemic, The Sunday Times reports, citing City sources. Apollo also thinks not enough value has been attributed to the 50 percent stake Marks &...
Nov 22, 2021
Jones Bootmaker headed for the selling block
London - One of the oldest footwear brands on the British high street is up for sale: Jones Bootmaker. The footwear chain has been put up on the chopping block by its current owner, turnaround firm Alteri Investors raising concerns for the future of its 110 retail locations and its thousands of workers. The move comes over a year after the...
Feb 28, 2017