Apollo is in advanced discussions to purchase a majority stake in Atletico Madrid, currently negotiating with the Spanish football club’s main shareholders to purchase stakes from each, Barney Jopson, Euan Healy, Samuel Agini, and Alexandra Heal of The Financial Times reports, citing people familiar with the matter.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on APO:
- Apollo exploring sale of AOL after receiving interest, WSJ says
- AI Bubble Fears Grow as Valuations Mirror Dot-Com Era
- Apollo Global invests EUR 3.2B in joint venture with RWE
- 3 ‘Boring’ Stocks Analysts Say Could Quietly Outperform Google Stock
- Apollo Global Management Targets $5 Billion Sports Investment Push