- Bloomberg•2 years ago
Athene Holding Ltd., the insurer tied to Leon Black’s Apollo Global Management LLC, agreed to buy German subsidiaries of Delta Lloyd NV (DL) , as the company extends its geographic reach and adds more funds to invest. The Delta Lloyd Deutschland business had about 4.3 billion euros ($5.1 billion) of assets as of Sept. 30, Bermuda-based Athene said today. The buyer intends to add staff to support the operations of DLD, which services retirement products and hasn’t sold new policies since 2010, according to a statement posted on the website of Apollo Alternative Assets. Athene has been pursuing takeovers to help its investment strategy, which includes buying securities backed by commercial and residential mortgages to boost yields.
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AAA.AS : Summary for AP ALTERNAT ASSETS - Yahoo Finance
AP Alternative Assets LP (AAA.AS)
Amsterdam - Amsterdam Delayed Price. Currency in USD
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|Day's Range||34.70 - 35.26|
|52 Week Range||26.58 - 44.73|
|PE Ratio (TTM)||3.57|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|