Apollo Enters Deal to Buy Bridge, Expands Real Estate Offering
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Apollo Global Management (APO) is set to acquire Bridge for $1.5 billion, aiming to expand its real estate expertise and strengthen its wealth business.
February 25, 2025 | 7:30 pm
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Apollo Global Management is acquiring Bridge for $1.5 billion to expand its real estate expertise and strengthen its wealth business.
The acquisition of Bridge for $1.5 billion is a strategic move by Apollo to enhance its real estate offerings and strengthen its wealth management business. This aligns with APO's growth objectives, likely leading to positive investor sentiment and a potential short-term increase in stock price.
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