Apollo announced that Apollo-managed funds have completed the previously announced acquisition of a majority interest in Stream Data Centers. As part of the transaction, Principal Asset Management is acquiring a minority interest in SDC through a Principal-managed fund. SDC’s management team will retain a minority stake and continue to lead the company.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on APO:
- APO Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Coinbase (COIN) Nears $2B Take Over of British Startup BVNK in Stablecoin Push
- Crypto Currents: Crypto firms report Q3 earnings
- Apollo Global, 8VC announce strategic partnership
- Coinbase Stock (COIN) Pops on Collab with Citi and Apollo — What’s the Big Deal?