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All About Annuities » 2012 » October » 23

Black’s Apollo Seeks Control of Athene to Gain Annuities

Black’s Apollo Seeks Control of Athene to Gain AnnuitiesNews from Businessweek: Leon Black’s Apollo Global Management LLC (APO) is seeking to acquire control of Athene Holding Ltd. as the private-equity firm increasingly turns to the insurance business for assets to invest in high-yield and distressed debt. Apollo, which owns a nonvoting stake in Athene through [...]