Apollo Global Management, Inc. has announced that funds managed by its affiliates have completed the previously announced acquisition of EmployBridge, an industrial staffing company in the United States. “This new strategic partnership with Apollo is a tremendous milestone for our company that will fuel our growth journey and energize our teams as they focus on…
Apollo Global Management, Inc. announced that Jay Clayton has been appointed to serve as Lead Independent Director of its Board of Directors, effective March 1, 2021. Clayton assumes this newly created role following his service as Chair of the U.S. Securities and Exchange Commission (SEC) from May 2017 through December 2020, the statement said. Clayton…
Apollo Global Management, Inc. announced that Chairman and CEO Leon Black has informed the Board of Directors that he will retire as CEO effective on or before July 31, 2021 consistent with best-in-class governance practices. The Executive Committee, with the support of the Board, unanimously approved Marc Rowan as CEO to succeed Mr. Black who…
IGT, the global leader in gaming, announced that its wholly-owned subsidiary Lottomatica Holding S.r.l. has signed a definitive agreement to sell one hundred percent (100%) of the share capital of Lottomatica Videolot Rete S.p.A. and Lottomatica Scommesse S.r.l., the members of the IGT group which conduct its Italian B2C gaming machine, sports betting, and digital…
World’s leading investment firm, Blackstone and India’s largest integrated fashion company, Future Lifestyle Fashions Limited (FLFL) have announced that funds managed by Blackstone have invested ₹1,750cr in Ryka Commercial Ventures Pvt Ltd, the holding company of FLFL, and FLFL. With this transaction, Blackstone will be the only financial partner in Ryka. As a part of…