Ant Financial forms JV with US Vanguard

Source: Dukascopy Bank SA
Ant Financial Services, the Chinese fintech firm, has established a Shanghai-based joint venture with The Vanguard Group, marking Ant Financial's high-profile partnership with the US asset management company.
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Tue, 11 Jun 2019 02:25:37 GMT

Apollo Global to acquire Shutterfly

Private equity company Apollo Global Management stated that it agreed to acquire the US digital imaging firm Shutterfly Inc for $2.7B, including $900M debt of the company.

Mon, 10 Jun 2019 18:58:05 GMT

Apollo Global seems to lead in Shutterfly takeover

Apollo Global Management seems to be in the lead to take over Shutterfly, as the private equity group made the highest proposal for the American digital imaging firm, potentially valuing it at about $2.0B.

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