apollo global management news and archive

Apollo acquires 30 percent stake in TradeInn

Madrid – Spanish sportswear e-commerce platform TradeInn welcomes a new minority partner. US investment firm Apollo Global Management has acquired a 30 percent stake, previously held by Spanish private equity firm Suma Capital. French sporting goods retailer Decathlon had also expressed interest in this stake. Reports surfaced in late July 2024...

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Hedge funds scoop up House of Fraser bonds

London - A number of American hedge funds have begun buying up bonds from British department store group House of Fraser as trading concerns rise. Apollo Global Management Group, based in New York, is said to have been among the hedge funds to have bought bonds, according to The Sunday Times. The moves follows on from last year, when the...