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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

 

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