#Apollo Global Management Inc

[entertainmentusanewstoday]

Carvana shares tank as bankruptcy concerns grow for used car retailer

Carvana shares tank as bankruptcy concerns grow for used car retailer

Shares of Carvana plummeted by more than 40% during trading Wednesday after the embattled online used car retailer’s largest creditors signed a deal binding them to act together in negotiations with the company. The pact, as first reported by Bloomberg, includes creditors such as Apollo Global Management and Pacific Investment Management that hold around $4 billion of Carvana’s unsecured debt, or…

[questlation]

Pegasus Merger Co. Announces Extension of Tender Offers

Pegasus Merger Co. Announces Extension of Tender Offers

NEW YORK, Oct. 31, 2022 (GLOBE NEWSWIRE) — Pegasus Merger Co. (the “Company”), an affiliate of certain investment funds managed by affiliates of Apollo Global Management, Inc., announced today that it has amended the terms of the Company’s previously announced cash tender offers (together, the “Tender Offer”) and consent solicitations (together, the “Consent Solicitation”) to purchase any and all…

[beardedmrbean]

A powerful Senate Republican is demanding answers from a private-equity backed hospital in southeast Iowa amid revelations that a male nurse practitioner at the facility sexually assaulted nine female patients there in 2021 and 2022.

The facility, Ottumwa Regional Health Center, is part of Lifepoint Health Inc., a hospital system headquartered in Brentwood, Tennessee, and owned by Apollo Global Management, the huge private-equity firm in New York co-founded by Leon Black.

The incidents at the Ottumwa facility came to light late last year after the overdose death in the hospital of Devin Caraccio, 27, a certified nurse practitioner who was a contract employee at the hospital, according to its spokeswoman. After he died on the job in October, the Ottumwa police accessed his cellphone, finding photo and video evidence that he had assaulted the patients, according to a police department investigator, Jeremy Tosh. 

The police department said in a statement in December that “It is suspected that all of the victims were asleep, or in a state of unconsciousness when the assaults took place.” Two of the victims have not yet been identified; two were under 18, Tosh said in an interview last week.

Eight-term Sen. Chuck Grassley of Iowa sent a letter this month to the hospital, Lifepoint Health and Apollo’s chief executive, Marc Rowan. In it, he asked whether financial practices had reduced money for patient care and may have facilitated the sexual assault.

One of Grassley’s questions was whether Apollo contractually shields itself from liability for activities that occur at hospitals it invests in, operates or manages. He also asked Apollo to detail its “expertise regarding rural or non-urban hospitals.”

A spokeswoman for Apollo said: “Our funds are investors in Lifepoint and we are responding to the questions from Senator Grassley’s office.”

In addition to Ottumwa Regional, Lifepoint has more than 60 acute care hospitals in 17 states, including Arizona, Kentucky, Tennessee and Virginia. The facility in Ottumwa, a town of 25,000, is one of many rural hospitals owned by Lifepoint; it is the only hospital in the 432-square-mile county of Wapello. 

Rural hospitals have experienced considerable financial pressure in recent years, alleviated somewhat by government relief funds disbursed during the pandemic. According to research from the KFF, a nonprofit group formerly known as the Kaiser Family Foundation, median operating margins at rural hospitals before the pandemic were 1.5%, versus 5.2% for nonrural facilities.

In a statement, Cara Clouse, a spokeswoman for Ottumwa Regional Health Center, said the facility is committed to the safety and well-being of its patients.

“The heinous acts of this former contractor clearly violate our policies and values, and our hearts are with all those affected by his misconduct,” she said. “Ottumwa Regional continues to cooperate with law enforcement, and we have adopted a number of reforms to further strengthen our controls and security to safeguard those we serve and prevent rogue bad actors.”

A Lifepoint spokeswoman said that the company “is deeply disturbed by the terrible acts committed by a contractor at Ottumwa Regional Health Center,” and that the company is implementing “new policies and reforms to help ensure patients and their families are protected.”

Over the past decade, private-equity firms like Apollo have spent hundreds of billions of dollars buying up health care businesses, including nursing homes, hospital staffing companies and physician practices. To finance these purchases, private-equity owners typically burden the companies they buy with debt, then slash the companies’ costs to increase earnings and appeal to potential buyers down the road.  

In the business of health care, the drive for profits can run counter to the goal of helping patients, critics say. 

Caraccio’s assaults on patients raise "serious questions with respect to whether these hospitals have the right resources or if they are being loaded with overwhelming amounts of debt to the point where they are forced to shift money away from patient care,” Grassley wrote in his letter. It also went to the CEO of Lifepoint Health; the chief executive of Warburg Pincus, another private-equity firm that owned Ottumwa Regional Health Center before Apollo bought it; and the CEO of Medical Properties Trust, a real estate investment company that had conducted a financial transaction involving the facility. 

Apollo bought the Ottumwa facility in 2015 from Warburg Pincus, and it became part of RegionalCare Hospital Partners. A flurry of transactions followed: The next year, Apollo merged RegionalCare with Capella, another health care company, and in 2018 Apollo merged those operations with Lifepoint Health. 

Then, in 2019, Medical Properties Trust bought the real estate under 10 Lifepoint hospitals, including Ottumwa Regional, leasing them back to the facilities. Private-equity firms often conduct such transactions, generating cash for themselves and their partners from the sale of real estate underlying the facilities, but often saddling the hospitals with increased costs in rents. 

The sale and leaseback of the real estate in Ottumwa does not appear to have added to the facility’s rental costs, according to a person briefed on the transaction.

Nevertheless, such transactions are a concern to Grassley. “The constant selling and reselling of hospital assets by private equity, private capital, real estate investment trusts (REITs), and other related entities raises questions with respect to whether these financial maneuvers have negatively impacted the resources and thereby the care our nation’s rural hospitals provide to their patients,” he noted in his letter.

The Lifepoint spokeswoman said: “The actions of this one disturbed individual do not reflect who we are, our core values, or how we operate any hospital and in no way can be linked to Ottumwa Regional’s financial standing. Lifepoint is proud of the substantial investments we have made since becoming a part of the Ottumwa community in 2018, including the more than $31 million in facility and technology updates and for physician recruitment and retention.”

A spokesman for Grassley said the investigation by his office is ongoing. The recipients of his letter were asked to respond by Friday, March 31. The spokeswoman for the hospital declined to comment on the letter.

[strjackst]

Industrial Laser Systems Market Report, Market Size, Share, Trends, Analysis By Forecast Period

Global Industrial Laser Systems Market Report

The Industrial Laser Systems Market research report offers an in-depth analysis of market dynamics, competitive landscapes, and regional growth patterns. This comprehensive report provides businesses with the strategic insights necessary to identify growth opportunities, manage risks, and develop effective competitive strategies in an ever-evolving market.

According to Straits Research, the global Industrial Laser Systems Market  size was valued at USD 21.23 billion in 2023. It is projected to reach from USD 22.78 billion in 2024 to USD 40.09 billion by 2032, growing at a CAGR of 7.32% during the forecast period (2024–2032).

Request a Sample Report Today @ https://straitsresearch.com/report/industrial-laser-systems-market/request-sample

Global Industrial Laser Systems Market Segmental Analysis

As a result of the Industrial Laser Systems market segmentation, the market is divided into sub-segments based on product type, application, as well as regional and country-level forecasts.

By Type

Macro Processing

Micro Processing

By Power

Less than 1 kW

More than 1.1 kW

By Applications

Cutting

Welding

Non-Metal Processing

Additive manufacturing

Others

You can check In-depth Segmentation from here: https://straitsresearch.com/report/industrial-laser-systems-market/segmentation

Why Invest in this Report?

Leverage Data for Strategic Decision-Making: Utilize detailed market data to make informed business decisions and uncover new opportunities for growth and innovation.

Craft Expansion Strategies for Diverse Markets: Develop effective expansion strategies tailored to various market segments, ensuring comprehensive coverage and targeted growth.

Conduct Comprehensive Competitor Analysis: Perform in-depth analyses of competitors to understand their market positioning, strategies, and operational strengths and weaknesses.

Gain Insight into Competitors' Financial Metrics: Acquire detailed insights into competitors' financial performance, including sales, revenue, and profitability metrics.

Benchmark Against Key Competitors: Use benchmarking to compare your business's performance against leading competitors, identifying areas for improvement and potential competitive advantages.

Formulate Region-Specific Growth Strategies: Develop geographically tailored strategies to capitalize on local market conditions and consumer preferences, driving targeted business growth in key regions.

List of Top Leading Players of the Industrial Laser Systems Market -

Amonics Ltd.

Apollo Instruments Inc.

Coherent Inc.

IPG Photonics Corporation

Jenoptik Laser GmbH

CY Laser SRL

NKT Photonics A/S

Quantel Group

TRUMPF

Toptica Photonics AG.

Reasons to Purchase This Report:

Access to Comprehensive Information: Gain access to an extensive collection of analysis, research, and data that would be challenging to acquire independently. This report offers valuable insights, saving you considerable time and effort.

Enhanced Decision-Making: Equip yourself with detailed insights into market trends, consumer behavior, and key industry factors. This report provides essential information for strategic planning, including decisions on investments, product development, and marketing strategies.

Achieving Competitive Advantage: Stay ahead in your industry by understanding market dynamics and competitor strategies. This report delivers deep insights into competitor performance and market trends, enabling you to craft effective business strategies and maintain a competitive edge.

Credibility and Reliability: Trust in the expertise of industry professionals and the accuracy of thoroughly researched data. Authored by experts and grounded in rigorous research and analysis, this report enhances credibility and reliability.

Cost-Effective Research: Reduce research expenses by investing in this comprehensive report instead of conducting independent research. It provides a cost-effective means of accessing detailed analysis and insights on a specific topic without requiring extensive resources.

Regional Analysis Industrial Laser Systems Market

The regional analysis section of the report offers a thorough examination of the global Industrial Laser Systems markets, detailing the sales growth of various regional and country-level markets. It includes precise volume analysis by country and market size analysis by region for both past and future periods. The report provides an in-depth evaluation of the growth trends and other factors impacting the Industrial Laser Systems markets in key countries, such as the United States, Canada, Mexico, Germany, France, the United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil, and Saudi Arabia. Moreover, it explores the progress of significant regional markets, including North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.

Buy Now @ https://straitsresearch.com/buy-now/industrial-laser-systems-market

About Straits Research

Straits Research is dedicated to providing businesses with the highest quality market research services. With a team of experienced researchers and analysts, we strive to deliver insightful and actionable data that helps our clients make informed decisions about their industry and market. Our customized approach allows us to tailor our research to each client's specific needs and goals, ensuring that they receive the most relevant and valuable insights.

Contact Us

Email: sales@straitsresearch.com

Address: 825 3rd Avenue, New York, NY, USA, 10022

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[christinamac1]

Apollo Global Management Inc in Talks to Partly Finance EDF’s Hinkley UK Nuclear Power Plant

By Aaron Kirchfeld, Silas Brown, and Francois de BeaupuyOctober 15, 2024  (Bloomberg) — Apollo Global Management Inc. is in talks with Electricite de France SA to provide financing for a nuclear power plant under construction in the UK, people with knowledge of the matter said.  The alternative asset manager has held early discussions about providing a complex mix of equity and debt that may…

[leprivatebanker]

Analyst Report: Apollo Global Management Inc

[tamanna31]

U.S. Management Service Organization Market to register high demand rate by 2030

U.S. Management Service Organization Industry Overview

The U.S. management service organization market size was estimated at USD 46.78 billion in 2023 and is expected to grow at a CAGR of 12.96% from 2024 to 2030. The U.S. MSO market is expected to grow significantly, driven by the rise in investments by private equity firms, and the increasing consolidation of smaller practices. The rising focus on value-based care is attributed to several factors such as the shift toward value-based care models, which prioritize quality and outcomes over volume. This has prompted MSOs to adapt their services to meet the changing needs of healthcare providers and payers.

The growing demand for the expansion of service networks by health systems is leading to a rise in investments by private equity companies. Such investments enable organizations to provide quality clinical care without the burden of administrative and management functions. For instance, in April 2023, AmerisourceBergen Corporation and Tarrant Capital IP, LLC, an alternative asset management provider, acquired OneOncology, a network of oncology practices, from General Atlantic Service Company, L.P. This acquisition aims to strengthen AmerisourceBergen Corporation's relationships with community oncologists and expand on solutions in the specialty as well as build a platform in partnership with Tarrant Capital IP, LLC. Such investments and growing acquisitions by private equity firms are expected to drive the market in the coming years.

Gather more insights about the market drivers, restrains and growth of the U.S. Management Service Organization Market

The growing availability of data and advancements in technology have enabled MSOs to better track and measure performance, identify areas for improvement, and implement evidence-based practices. Management service organizations are leveraging sophisticated IT infrastructure and analytics to categorize patients, determine best practices, and drive quality improvement initiatives. For instance, in November 2023, Apollo Medical Holdings, Inc. partnered with Wider Circle, a community health organization, to provide enhanced care management to Medicaid members across California. The partnership aimed to deliver high-quality, value-based care to all community members. The increasing emphasis on population health management and care coordination has propelled MSOs to focus on value-based care.

The emergence of next-generation MSOs in the U.S. brings new opportunities due to the shift of traditional practice management services and a broad range of administrative support services to physician practices. There has been a rise in private equity partnerships, and private practice physicians are investing and joining MSOs to achieve operational efficiency, removing administrative burdens while maintaining clinical autonomy. For instance, in October 2023, Ascend Capital Partners acquired a majority share of Seoul Medical Group (SMG). This acquisition aims to create premier community-focused healthcare companies equipped to manage Medicaid and Medicare patient populations. Such factors create opportunities for the growth of the market in the coming years.

Browse through Grand View Research's Medical Devices Industry Research Reports.

The global surgical drills market size was estimated at USD 1.27 billion in 2023 and is projected to grow at a CAGR of 5.5% from 2024 to 2030. 

The global oral appliances market size was estimated at USD 908.7 million in 2023 and is expected to grow at a CAGR of 5.72% from 2024 to 2030.

Key U.S. Management Service Organization Company Insights

The demand for advanced MSO services has led to increased competition among companies in the U.S. Management Service Organization (MSO) market. Some of the emerging companies include Vanguard Health Solutions, Advanced Medical Management, and HealthSmart Management Services Organization, Inc.

Key U.S. Management Service Organization Companies:

Conifer Health Solutions, LLC. (TH Medical)

Network Medical Management (Apollo Medical Holdings, Inc.)

MedPOINT Management, Inc.

Vanguard Health Solutions

Prospect Medical Holdings, Inc.

Centene Corporation

Advanced Medical Management

HealthSmart Management Services Organization, Inc.

Pacific Partners Management Services Inc., a division of HCA Healthcare

MSO Inc. (Southern California)

Recent Developments

In January 2024, Apollo Medical Holdings, Inc. established a long-term strategic partnership with BASS Medical Group, a multispecialty medical group. The partnership aims to provide high-quality care through value-based arrangements to patients with various types of insurance, including Medicaid, Medicare, ACA Marketplace, and commercial.

In October 2023, Seoul Medical Group (SMG) acquired Advanced Medical Management, which provides comprehensive administrative support to physicians, including claims processing, quality training, and credentialing.

In May 2023, Conifer Health Solutions, LLC entered into a new partnership with Northwest Community Healthcare. With this partnership, the company was expected to continue to provide its expertise in RCM services to Northwest Community Healthcare.

In May 2023, Centene Corporation's Medicare brand, Wellcare, launched a preferred Medicare sales and distribution partnership program to improve quality and customer experience, strengthening sales partnerships.

Order a free sample PDF of the U.S. Management Service Organization Market Study, published by Grand View Research.

[businessindustry]

Fire Safety Valves Market Analysis Report, Growth, Share by 2032

The Reports and Insights, a leading market research company, has recently releases report titled “Fire Safety Valves Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Fire Safety Valves Market Research share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the Fire Safety Valves Market?

The global fire safety valves market size reached US$ 5.4 billion in 2023. Looking forward, Reports and Insights expects the market to reach US$ 7.8 billion in 2032, exhibiting a growth rate (CAGR) of 4.2% during 2024-2032.

What are Fire Safety Valves?

Fire safety valves are valves specifically created to manage the flow of water or other fire-extinguishing agents in fire protection systems. These valves are crucial in fire sprinkler systems, standpipe systems, and fire hydrants, ensuring that water is distributed to extinguish fires in a controlled and efficient manner. Typically crafted from robust materials like brass or stainless steel, fire safety valves are designed to endure high temperatures and harsh conditions. They play a vital role in containing fires and safeguarding lives and property during fire emergencies.

Request for a sample copy with detail analysis: https://www.reportsandinsights.com/sample-request/1948

What are the growth prospects and trends in the Fire Safety Valves industry?

The fire safety valves market growth is driven by various factors. The fire safety valves market is witnessing significant growth, propelled by stringent fire safety regulations and increasing emphasis on protecting life and property from fire hazards. These valves are crucial components in fire protection systems such as sprinklers, standpipes, and hydrants, ensuring the controlled flow of water or other extinguishing agents. Key drivers include the rising adoption of automated fire protection systems, technological advancements in valve design, and growing demand for fire safety equipment in both commercial and residential buildings. Moreover, the introduction of innovative fire safety valves offering enhanced performance and reliability is anticipated to drive further market growth. Hence, all these factors contribute to fire safety valves market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

By Valve Type:

Ball Valves

Gate Valves

Butterfly Valves

Check Valves

Others

By Application:

Commercial Buildings

Industrial Facilities

Residential Buildings

Oil and Gas

Power Generation

Others

By End-Use Industry:

Oil and Gas

Chemical and Petrochemical

Power Generation

Construction

Automotive

Others

Market Segmentation By Region:

North America

United States

Canada

Europe

Germany

United Kingdom

France

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

Rest of Asia Pacific

Latin America

Brazil

Mexico

Argentina

Middle East & Africa

Saudi Arabia

South Africa

United Arab Emirates

Israel

Who are the key players operating in the industry?

The report covers the major market players including:

Honeywell International Inc.

Tyco International Ltd.

Emerson Electric Co.

Johnson Controls International plc

Siemens AG

Victaulic Company

Cla-Val

AGF Manufacturing Inc.

Potter Electric Signal Company LLC

Pentair plc

Viking Group Inc.

Mueller Co.

Apollo Valves

Zurn Industries, LLC

Watts Water Technologies, Inc.

View Full Report: https://www.reportsandinsights.com/report/Fire Safety Valves-market

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us:

Reports and Insights consistently mееt international benchmarks in the market research industry and maintain a kееn focus on providing only the highest quality of reports and analysis outlooks across markets, industries, domains, sectors, and verticals. We have bееn catering to varying market nееds and do not compromise on quality and research efforts in our objective to deliver only the very best to our clients globally.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact Us:

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[themarketupdate]

Bariatric Surgery Devices Market to Witness Excellent Revenue Growth Owing to Rapid Increase in Demand

Bariatric surgery is mainly used for the weight-loss processes which mainly include the treatment of a comorbid disorder that is associated with morbid obesity which needs bariatric surgery devices. It includes the modification in the gastrointestinal tract by which either the nutrients that are absorbed in the intestinal tract are controlled or the quantity of food that the stomach can intake is controlled. Bariatric surgery proves its effectiveness over alternate treatment options of obesity-associated comorbid conditions and is viable in terms of cost and also helps in faster recovery. Besides this, there are increasing numbers of facilities, and promising government rules for bariatric procedures to be shielded by insurance are favoring the bariatric surgery devices market.

Free Sample Report + All Related Graphs & Charts @: https://www.advancemarketanalytics.com/sample-report/52931-global-bariatric-surgery-devices-market?utm_source=Organic&utm_medium=Vinay

Latest released the research study on Global Bariatric Surgery Devices Market, offers a detailed overview of the factors influencing the global business scope. Bariatric Surgery Devices Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Bariatric Surgery Devices The study covers emerging player’s data, including: competitive landscape, sales, revenue and global market share of top manufacturers are Ethicon Inc. (United States), Medtronic plc (United States), Intuitive Surgical, Inc. (United States), Apollo Endosurgery, Inc. (United States), ReShape Lifesciences In (United States), Olympus Corporation of the Americas (United States), Aspire Bariatrics (United States), Spatz Fgia (United States), Mediflex Surgical Products (United States), Cousin Biotech (France)

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Southeast Asia.

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[digicloudm]

Apollo Global Management, Inc. (APO) Stock Forecasts

Summary Apollo is one of the leading global managers of alternative assets, with a focus on complex credit-related investments. The company has grown its assets under management very rapidly over the past several years through a combination of organic growth and strategic acquisitions. Apollo is further differentiated from peers through its focus on complex, nontraditional, distressed-for-control…

[ramtracking]

Apollo Global to Buy U.S. Silica in $1.85 Billion Deal [ U.S. Silica Holdings, Inc. ]

Apollo Global to Buy U.S. Silica in $1.85 Billion Deal [News Summary] U.S. Silica Holdings SLCA 20.37%increase; green up pointing triangle has agreed to be taken private by Apollo Global Management in a deal… Funds managed by affiliates of Apollo Global Management Inc. will buy frack-sand provider US Silica Holdings Inc. for $1.21 billion, the… PRNewswire/ — U.S. Silica Holdings, Inc. (NYSE:…

[iruchakalyan]

The Global Digital Pathology Market was valued at USD 1.4 Billion in 2023 and is estimated to reach USD 2.3 Billion by 2032, growing at a CAGR of 10.9 % from 2024 to 2033.

Digital Pathology includes the acquisition, sharing, and interpretation of pathologic information. It is the sub-field of pathology that focuses on data management based on information received from digitalized specimens. Digital pathology is mainly used by large biopharmaceuticals and top clinical research organizations to streamline drug development processes in discovery, clinical trials, and pre-clinical. The growth in digital pathology is boosted due to growing awareness of cancer diagnosis, growing applications of drug development, and precision medicines is propelling the market growth.

Emerging countries are expected to offer potential opportunities to the key players during the coming years.

To a certain extent, the market growth can be hampered due to increasing costs in the digital pathology systems.

Economic Impact of Covid-19:

The analysis of the COVID-19 recovery trajectory provides an overview of the main strategies that industries are implementing to respond to and recover from the economic crisis. It also focuses on the post-pandemic and pre-pandemic era of the Global Digital Pathology Market through PEST analysis, SWOT, Quantitative and Qualitative analysis, Attractive analysis, and DROs. Innovations by market players and an increasing number of products will propel the growth of this market.

Digital pathology hardware i.e. scanners are the major restraint in this market. The development of affordable scanners is expected to grow this market, as private medical practices can’t afford expensive digital pathology systems. Therefore, the invention of cost-effective scanners will allow small players to move towards the digitization of pathology workflow creating new opportunities in the digital pathology market.

Key Players:

Thermo Fisher Scientific Inc

Apollo Enterprise Imaging Group

Huron Technologies International Inc.

PROSCIA

GE Healthcare

Propath UK Limited

Roche Tissue Diagnostics & Visiopharm

Indica Labs

Akoya Biosciences

Ibex Medical Analytics

Sectra AB

Inspirata

Mikroscan Technologies

Olympus Corporation

Others

Know More- https://nexbindinsight.com/pharmaceutical-and-healthcare/the-global-digital-pathology-market-was-valued-at-usd-billion

[cavenewstimes]

APO Breaks Above 2% Yield Territory

Taking a look at deep space of stocks we cover at Dividend Channelin trading on Thursday, shares of Apollo Global Management Inc (brand-new (Symbol: APO) were yielding above the 2% mark based upon its quarterly dividend (annualized to $1.72), with the stock altering hands as low as $85.97 on the day. Dividends are especially crucial for financiers to think about, due to the fact that…

[fmarkets]

$APO #Dividend #NYSE #StockMarket Apollo Global Management Withstands Market Volatility, Reports Resilient Q3 2023 Results

In a press release today, Apollo Global Management, Inc. (NYSE: APO) announced its third-quarter results for the period ending September 30, 2023. Despite recent market fluctuations, the firm has demonstrated its ability to weather the storm. This article will outline the key facts from Apollo's announcement and provide context for the reported performance. Apollo Global Management reported its third-quarter results, showcasing resilience in the face of current market challenges. The firm's consolidated subsidiaries demonstrate a strong performance record amid declining stock prices in recent days. During the past five trading days, Apollo Global Management Inc's stock experienced a decline of -2.98%. However, it is important to note that the year-to-date performance for the company stands at an impressive 27.93%. https://csimarket.com/news/apollo-global-management-withstands-market-volatility-reports-resilient-q3-2023-results2023-11-01103006?utm_source=dlvr.it&utm_medium=tumblr

[marketingyts]

Oyo Hotels, the hospitality startup backed by SoftBank Group Corp., is in discussions with Apollo Global Management Inc. to refinance a $660 million loan. This move comes as Oyo seeks additional time to reduce its debt, following a delay in its initial public offering (IPO), sources familiar with the matter revealed.

Oravel Stays Pvt, Oyo’s parent company, is reportedly seeking to extend the loan’s maturity to five years, compared to the existing 2026 deadline. The negotiations are ongoing, with a decision potentially being reached as early as next month, according to insiders.