Apollo Global Management shares are trading higher after announcing BP will sell its $1 billion stake in the Trans Adriatic Pipeline to the company.
Portfolio Pulse from Benzinga Newsdesk
Apollo Global Management's shares rose following the announcement that BP will sell its $1 billion stake in the Trans Adriatic Pipeline to Apollo.
September 16, 2024 | 7:55 pm
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POSITIVE IMPACT
Apollo Global Management's stock is trading higher after the announcement of acquiring BP's $1 billion stake in the Trans Adriatic Pipeline.
The acquisition of BP's stake in the Trans Adriatic Pipeline is a significant investment for Apollo, likely boosting investor confidence and driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100