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APOLLO GLOBAL MANAGEMENT, INC.

(APO)
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Apollo Global, Synergy Fund May Reportedly Invest INR 15 Billion in JSW Cement

07/26/2021 | 01:03am EDT

Apollo Global Management, Inc. (NYSE:APO) Synergy Metals Investments Holding Limited are set to invest INR 15 billion in JSW Group's cement business run by his son Parth, people in the know said, as it seeks to scale up capacity to 25 million tonnes a year. Upon conversion, the investors will own up to 19% cumulatively and get a board seat each. Synergy, spearheaded by long-time Arcelor-Mittal executive Sudhir Maheshwari, received approval from the Competition Commission of India on July 15 to acquire an equity stake in JSW Cement, while Apollo is expected to sign its final agreement this week. JSW and Apollo declined to comment.


ę S&P Capital IQ 2021
All news about APOLLO GLOBAL MANAGEMENT, INC.
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Analyst Recommendations on APOLLO GLOBAL MANAGEMENT, INC.
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Financials (USD)
Sales 2021 2 183 M - -
Net income 2021 - - -
Net Debt 2021 4 154 M - -
P/E ratio 2021 -
Yield 2021 3,17%
Capitalization 14 699 M 14 699 M -
EV / Sales 2021 8,64x
EV / Sales 2022 7,83x
Nbr of Employees 1 825
Free-Float 90,9%
Chart APOLLO GLOBAL MANAGEMENT, INC.
Duration : Period :
Apollo Global Management, Inc. Technical Analysis Chart | APO | US03768E1055 | MarketScreener
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 11
Last Close Price 62,41 $
Average target price 69,22 $
Spread / Average Target 10,9%
Managers and Directors
Marc Jeffrey Rowan Chief Executive Officer & Director
Scott Martin Kleinman Co-President & Director
James Charles Zelter Co-President & Director
Martin Kelly Co-Chief Operating & Financial Officer
Walter Clayton Non-Executive Chairman
Sector and Competitors