Apollo makes a $6 bln virtue of plastic accounting , says LiamWardProud:
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Unfazed by Brexit, Apollo Strikes $4.3 Billion Deal for U.K.’s RPCPrivate-equity firm Apollo agreed to acquire RPC, one of Europe’s biggest packaging companies, for $4.3 billion, the latest sign that U.S. buyout firms remain undeterred by uncertainty over Brexit when investing in U.K. companies.
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Apollo nears $3.8 billion-plus deal for packaging group RPC: WSJPrivate equity company Apollo Global Management is in advanced talks to buy Euro...
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Arconic Won’t Sell Company, Ending Potential Deal with Apollo GlobalArconic won’t pursue a sale of the company, nixing a potential deal with private-equity firm Apollo Global Management. Shares of the metal manufacturer fell more than 26% in premarket trading.
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Google will raise prices on its G Suite for the first time ever, as competition with Microsoft Office 365 heats upThe cost of G Suite Basic will increase from $5 to $6 per user per month, and the cost of G Suite Business will move from $10 to $12.
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BlackRock earnings dip is more than a blipLarry Fink’s manager of $6 trln of assets saw revenue and profit fall in the last quarter from a year earlier. December’s stock rout predictably hit fees, but the shift to cheap ETFs from actively managed funds also accelerated. That’s likely to continue even if markets recover.
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Arconic lays bare limits of activist minority ruleElliott had a hand in appointing most directors, the CEO and the chairman, and encouraged a sale to Apollo. The board has nixed the deal, tanking the stock. Paul Singer’s firm tried to get its way with only a smallish stake; it now owns the company’s problems, not their solution.
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