management

Apollo Nears Deal to for Fortress’ Equity in OneMain

Apollo Nears Deal to for Fortress’ Equity in OneMain

Apollo Global Management, LLC (NYSE: APO) along with Värde Partners, Inc. announced on Thursday that they have entered into a definitive agreement with Fortress Investment Group LLC to acquire its remaining equity interest in OneMain Holdings I..

Banks are Just ‘Utility Providers’ for SMEs

Banks are Just ‘Utility Providers’ for SMEs

According to Strands, a leading business management technology provider, the study of more than two hundred SMEs (small and medium-sized enterprises) and banks catering to more than 1.3 million SMEs reveals the existing and future financial requirem..

CEO exit cramps SoFi plans for Banking Operations

CEO exit cramps SoFi plans for Banking Operations

Social Finance Inc was all set to make waves in the financial services segment and then its CEO Mike Cagney stepped down from his post. It was expected that the company would soon become a significant lender right until the time when Cagney decided ..

Uber announces their new Chief Executive; Investors cautiously optimistic

Uber announces their new Chief Executive; Investors cautiously optimistic

It’s been over two months since Uber Technologies, Inc. Founder Travis Kalanick resigned as CEO. After two months of diligent search and speculation, Uber has finally found their new commander-in-chief. In a serious scouting push, similar to t..

Apollo Preparing ADT for IPO by End of Year

Apollo Preparing ADT for IPO by End of Year

Apollo Global Management (NYSE: APO) is preparing to take the home-security company ADT public before the year is done, the Wall Street Journal reported.Apollo could file IPO paperwork with the Securities and Exchange Commission by the fall and list..

Procter & Gamble Faces Board Seat Fight from Trian

Procter & Gamble Faces Board Seat Fight from Trian

Nelson Peltz’s Trian Fund Management is launching a proxy fight against Procter & Gamble Co. (NYSE: PG).According to a regulatory filing with the U.S. Securities and Exchange Commission on Monday, Trian is seeking a seat for Peltz on P&..

Apollo Global to Buy ClubCorp for $1.1 Billion

Apollo Global to Buy ClubCorp for $1.1 Billion

Apollo Global Management (NYSE: APO) will soon be the owner of ClubCorp Holdings LLC (NYSE: MYCC), once the agreed upon $1.1 billion deal is finalized. The owner/operator of golf clubs made the official announcement about the proposed buyout over th..