Rackspace Technology, a leading provider of cloud management services, raised $704 million by offering 33.5 million shares at $21, the low end of the range of $21 to $24. Rackspace was taken private by Apollo Global Management (NYSE: APO) in 2016. ...read more
Home security firm ADT plans to raise $2 billion in its IPO and begin trading on Friday, January 19 (NYSE: ADT). That's a quick turnaround for private equity backer Apollo Global Management (NYSE: APO), which acquired ADT in early 2016. ...read more
ADT, which provides monitored security services for homes and businesses, filed on Thursday with the SEC to raise $100 million in an initial public offering. However, the deal size is likely a placeholder for an IPO that could raise $1.5 billion. The Boca...read more
Athene Holding, an Apollo-backed provider of life insurance and fixed annuities with $87 billion in assets, announced terms for its IPO on Monday. The Bermuda-based company plans to raise $950 million by offering 23.8 million shares (100% insider) at a...read more
Apollo Global's Rackspace Technology prices IPO at $21, the low end of the range
Rackspace Technology, a leading provider of cloud management services, raised $704 million by offering 33.5 million shares at $21, the low end of the range of $21 to $24. Rackspace was taken private by Apollo Global Management (NYSE: APO) in 2016. ...read more
ADT is going public - here's a look at Apollo's last 3 IPOs
Home security firm ADT plans to raise $2 billion in its IPO and begin trading on Friday, January 19 (NYSE: ADT). That's a quick turnaround for private equity backer Apollo Global Management (NYSE: APO), which acquired ADT in early 2016. ...read more
Security analysis: ADT files for an IPO that could raise $1.5 billion
ADT, which provides monitored security services for homes and businesses, filed on Thursday with the SEC to raise $100 million in an initial public offering. However, the deal size is likely a placeholder for an IPO that could raise $1.5 billion. The Boca...read more
Apollo Global life insurer Athene Holding sets terms for $950 million IPO
Athene Holding, an Apollo-backed provider of life insurance and fixed annuities with $87 billion in assets, announced terms for its IPO on Monday. The Bermuda-based company plans to raise $950 million by offering 23.8 million shares (100% insider) at a...read more