Apollo Enters Exclusive Talks To Provide €1.5B Capital Solution To Air France-KLM's Flying Blue Loyalty Program With Commercial Partners
Portfolio Pulse from Benzinga Newsdesk
Apollo Global Management is in exclusive talks to provide a €1.5 billion capital solution to Air France-KLM's Flying Blue Loyalty Program. This follows two previous investments Apollo arranged for Air France-KLM entities in the past year.
July 27, 2023 | 8:49 pm
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POSITIVE IMPACT
Air France-KLM could benefit from Apollo's potential €1.5 billion investment in its loyalty program, which could provide a capital solution.
Apollo's potential investment could provide a capital solution for Air France-KLM's loyalty program, which could positively impact its stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Air France-KLM could benefit from Apollo's potential €1.5 billion investment in its loyalty program, which could provide a capital solution.
Apollo's potential investment could provide a capital solution for Air France-KLM's loyalty program, which could positively impact its stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Apollo Global Management's potential investment in Air France-KLM's loyalty program could enhance its portfolio and generate returns.
Apollo's potential investment in Air France-KLM's loyalty program could diversify its portfolio and generate returns, which could positively impact its stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80