Apollo Global said on Monday it would buy Athene Holding in an all-stock deal valuing the annuities provider at about US$11 billion, making it the private equity firm’s first major deal after co-founder Leon Black stepped down as CEO.
Recent Posts
Most Popular
Morgan Stanley widens gap as banks’ wealth units add US$5 trillion
MORGAN Stanley’s record quarter in wealth management capped a banner period for one of Wall Street’s most-profitable businesses.