Apollo Global Management is investing $1.5 billion into Keppel Ltd.'s Keppel Offshore Fund, a new fund holding offshore energy assets managed by Keppel. This investment marks one of the first of its kind in Southeast Asia, reflecting rising demand for offshore energy driven by high utilization rates and long-term growth trends in the region. The partnership leverages Apollo's capital and structuring expertise alongside Keppel's asset management capabilities to support global energy security and offer attractive returns. The deal awaits customary closing conditions and regulatory approvals before completion.
Apollo Global Management announced that its 6.75% Series A Mandatory Convertible Preferred Stock will automatically convert into common stock on July 31, 2026, at a conversion rate of 0.5074 shares per preferred share. Fractional shares will be paid ...
Keppel Corporation reported mixed Q2 2026 results with revenue of $2.94 billion, well above estimates, but earnings per share of $0.13 missed expectations. The company’s high P/E ratio of 59.13 reflects strong investor confidence, likely boosted by a...
Athene Holding Ltd., a subsidiary of Apollo Global Management, announced a Fixed Income Investor call on August 13, 2026, at 9:00 AM ET. During the call, senior management will discuss current business trends, new business origination, the investment...
