Apollo Global Management
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News
YRC gives government 30% stake in its latest financial bailout
YRC gives the Treasury Department a 30% equity stake in exchange for a $700 million lifeline.
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Europe
Singapore’s sovereign wealth fund acquires €950 million logistics real estate in Europe
GIC, Singapore’s wealth fund, has acquired a Pan-European logistics real estate portfolio that has an accumulated industrial space of over 1 million square meters.
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Intermodal
Apollo Global Management buys Direct ChassisLink, Blume Global for reported $2.5B
The seller was Swedish private equity group EQT Partners, which may be trying to clean up its balance sheet ahead of an IPO.
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Economics
CEVA Logistics reportedly preparing for an IPO
Apollo Global Management is reportedly planning to take its subsidiary CEVA Logistics public by April.
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