<2> Apollo Global Management to Close Acquisition of Atletico Madrid Stake This Week, Says Expansion
<3> Background on Apollo Global Management
Apollo Global Management is a leading global alternative investment manager with assets under management of over $500 billion. The firm has a diverse range of investment strategies, including private equity, credit, and real assets. Apollo has a significant presence in the sports industry, with investments in various teams and leagues around the world.
<3> Atletico Madrid Stake Acquisition
Atletico Madrid is a Spanish professional football club based in Madrid, Spain. The club has a rich history and a loyal fan base, and has won numerous domestic and international titles, including the UEFA Europa League and the UEFA Super Cup. Apollo’s acquisition of a stake in Atletico Madrid is seen as a strategic move to expand the firm’s presence in the sports industry and to capitalize on the growing demand for sports-related investments.
<หว href='https://bloomberg.com' target='_blank'>Bloomberg reported that Apollo’s acquisition of the stake is expected to be completed this week, citing a source from Expansion, a Spanish business newspaper. The terms of the deal were not disclosed, but it is believed to be a significant investment in the club.
<