Apollo Global Examined Bid For Marks & Spencer: Report

Comments
Loading...
  • Apollo Global Management Inc APO reportedly examined a buyout of U.K.'s Marks & Spencer Group PLC MAKSF MAKSYReuters reported.
  • The New York-based company considers the purchase a bargain, as the group's shares are weighed down by the impact of the COVID-19 and the market failing to attribute enough value to Ocado Group PLC OCDDY venture, the report added.
  • Apollo unsuccessfully bid for supermarket chain Asda, acquired by private equity firm TDR and the Issa brothers last year for £6.8 billion.
  • Price Action: APO shares closed lower by 0.60% at $74.95 on Friday.
APO Logo
APOApollo Global Management Inc
$128.797.66%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
53.85
Growth
39.54
Quality
38.24
Value
56.15
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs

Posted In: