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Apollo Pledges $150 Million to Energy Tech Firm in Renewables Push
2021-08-28 00:00:00| OGI
FlexGens energy storage solutions bridge the gap of reliability for the grid and help accelerate the adoption of renewables by shifting renewable power consumption to times when it is needed most, says Apollo Senior Partner Olivia Wassenaar.
Tags: million
energy
tech
firm
Lumen sells CenturyLink business in 20 states to Apollo for USD 7.5 bln
2021-08-04 09:00:00| Telecompaper Headlines
(Telecompaper) Lumen Technologies has agreed to sell its local telecom business in 20 states to Apollo Global Management for USD 7.5 billion, including around USD 1.4 billion in debt...
Tags: business
states
usd
sells
Lumen mulls $5bn sale of consumer biz to Apollo Global Management
2021-07-15 02:00:00| Total Telecom industry news
According to reports from Bloomberg, Apollo Global Management is in discussions to acquire a selection of consumer business assets from Lumen Technologies in a transaction that could be worth around $5 billion. The target assets are, according to sources, situated in a number of US states, with a deal potentially set to be announced in the coming weeks. This rumour, if proved true, would not come as too much of a surprise…read more on TotalTele.com »
Tags: management
sale
global
consumer
Vodafone Idea targets $3bn investment from Apollo Global
2021-07-12 02:00:00| Total Telecom industry news
Vodafone Idea, rebranded as Vi last year, has been in the financial doldrums for a number of years now, having struggled to compete in vicious price wars with its major rivals Reliance Jio and Bharti Airtel, as well as owing the government enormous sums of money for spectrum allocation and adjusted gross revenue (AGR). In its most recent financial results, the company had managed to slow the decline, reducing its net loss from around $1…read more on TotalTele.com »
Tags: global
idea
investment
targets
Verizon Media to be acquired by Apollo funds
2021-05-03 14:30:23| Digital TV News
Verizon (NYSE: VZ) and Apollo Global Management (NYSE: APO) have announced that funds managed by affiliates of Apollo have entered into an agreement to acquire Verizon Media for $5 billion.
Tags: media
funds
acquired
apollo