Apollo Global Management Slips To Loss In Q2

U.S. Silica To Be Taken Private By Apollo In $1.85 Bln Deal

Industrial minerals company U.S. Silica Holdings, Inc. (SLCA) announced Friday that it has entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo (APO) in an all-cash transaction that values the Company at an enterprise value of approximately $1.85 billion.

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Paramount Stock Up In Pre-market On Reports Of Sony-Apollo Joint Bid Talks

Sony Pictures Entertainment, affiliated to Japanese conglomerate Sony Group Corp., is in discussions with US private equity group Apollo Global for making a joint takeover bid for entertainment giant Paramount Global, reports said citing people familiar with the matter. The talks are said to be in an early stage. Following the news, Paramount Global shares were gaining around 10.7 percent...

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PK Airfinance, Apollo To Buy $920 Mln Portfolio Of Secured Aviation Loans From Standard Chartered

PK Airfinance, an aviation lending platform backed by Apollo Global Management, LLC (APO), agreed on Monday to acquire the majority of an approximately $920 million portfolio of secured aviation loans from Standard Chartered plc (SCBFF.PK, STAC.L, STAN.L), with Apollo affiliates agreeing to purchase the balance of the portfolio.

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Canadian Dollar Falls Against Most Majors

The Canadian dollar dropped against its most major counterparts in the New York session on Friday.

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Swiss Market Ends Modestly Higher As Stocks Rise In The Final Hour

After some positive moments till about an hour after the opening bell Friday morning, and a subsequent long spell in negative territory, the Swiss market climbed higher in the final hour to close on a firm note.

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European Markets Close Higher As Stocks Recover After Cautious Start

European stocks closed higher on Friday, and several markets in the region climbed to fresh highs, with investors reacting to the interest rate decisions by major central banks. Expectations of more monetary easing by the Federal Reserve contributed as well to the positive mood in the markets.

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TSX Climbs To New Record High As Technology, Materials Stocks Rise

After opening on a firm note, Canadian stocks gained further ground in positive territory Friday morning with several counters in materials, technology and healthcare sectors attracting strong buying interest.

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U.S. Consumer Sentiment Rebounds Less Than Previously Estimated In December

Consumer sentiment in the U.S. rebounded by less than previously estimates in the month of December, according to revised data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index for December was downwardly revised to 52.9 from a preliminary reading of 53.3. Economists had expected the index to be upwardly revised to 53.4.

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