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Apollo lowers IPO price range

first_img whatsapp KCS-content PRIVATE equity firm Apollo Global Management yesterday lowered the expected price range for its initial public offering, filing detailed terms with US regulators almost a week later than originally expected.Apollo plans to sell 26.3m shares for $17 (£14.81) to $19 each, according to a filing with the regulators.Last week Apollo, co-founded by chief executive Leon Black, delayed the launch of its $500m IPO in the wake of the crisis in Japan that rattled global stock markets and raised concerns that volatility could also hurt the IPO market. whatsapp Apollo lowers IPO price range Share Show Comments ▼ Monday 21 March 2011 8:59 pm Tags: NULL Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wraplast_img read more

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