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 in cash, and holders will receive a final quarterly dividend of $0.8438 per preferred share on the conversion date. This conversion marks a key step in Apollo's capital structure, potentially impacting shareholders and investors by increasing common stock shares outstanding.
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...
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 fo...
