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Source: GlobeNewswire (MIL-OSI) NEW YORK, Aug. 02, 2021 (GLOBE NEWSWIRE) Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today announced that funds within its Hybrid Value strategy have committed to investments in two leading Asian businesses. Certain funds managed by Apollo affiliates have entered into definitive agreements to invest $100 million in JSW Cement Ltd. (“JSW Cement”), one of India’s leading cement companies, and $155 million in Global Schools Group (“GSG”), a premium K12 education network headquartered in Singapore. These extend the activity of Apollo’s Hybrid Value strategy, which has led more than $7 billion of investment commitments in the past 18 months. ....
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Operator Good morning, and welcome to Apollo Global Management s First Quarter 2021 Earnings Conference Call. [Operator Instructions] This conference call is being recorded. This call may include forward-looking statements and projections, which do not guarantee future events or performance. Please refer to Apollo s most recent SEC filings for risk factors related to these statements. Apollo will be discussing certain non-GAAP measures on this call, which management believes are relevant in assessing the financial performance of the business. These non-GAAP measures are reconciled to GAAP figures in Apollo s earnings presentation, which is available on the company s website. Also note that nothing on this call constitutes an offer to sell or a solicitation of an offer to purchase any interest in any Apollo Fund. ....
Press release content from Globe Newswire. The AP news staff was not involved in its creation. Apollo Hybrid Value to Invest in Standard Industries Holdings’ Acquisition of Grace Apollo Global Management, Inc.April 30, 2021 GMT NEW YORK, April 30, 2021 (GLOBE NEWSWIRE) Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo” or the “Firm”) announced that certain funds managed by its affiliates have committed to invest $600 million as part of an agreement in which Standard Industries Holdings Inc. will acquire W.R. Grace & Co. (“Grace”) (NYSE: GRA), a leading global specialty chemicals company, in an all-cash transaction valued at approximately $7.0 billion. ....