Apollo and Athene to merge in $11bn all-stock deal


Global investment manager Apollo and Bermuda-domiciled Athene Holding have entered into a definitive agreement to merge in an all-stock transaction valuing at approximately $11 billion. The deal would create a $29 billion pro forma market cap entity to be led by incoming Apollo CEO Marc Rowan.

Apollo, Athene, Mergers & Acquisitions, Insurance, Reinsurance, Marc Rowan, Europe, Bermuda, North America

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