WF_1170x120_6-19-20

Apollo Global Management

Albertsons Cos. to sell 17.5% stake to Apollo

Albertsons Cos. to sell 17.5% stake to Apollo

BOISE, Idaho — Albertsons Cos. plans to sell a 17.5% stake to the private equity firm Apollo Global Management for $1.75 billion. The deal, announced Wednesday, is expected to close by June 15. “Albertsons Companies is pleased to work with Apollo and its co-investors,” Albertsons president and CEO Vivek Sankaran said in a statement. “Apollo

Apollo Global Management acquires the Fresh Market

Apollo Global Management acquires the Fresh Market

GREENSBORO, N.C.  — The Fresh Market Inc. announced Monday that it had agreed to be acquired by Apollo Global Management LLC  for about $1.36 billion. Last year the Fresh Market had said it was considering strategic options, including a possible sale, and more recently published reports suggested that Kroger Co. was seeking to buy the