Apollo Global Management

Visit our Filed page for categories. To browse by specific topic, see our Inside page. For a list of companies covered on this site, visit our Companies page.

 

Report: Sara Lee passed up 3 offers, more money

Sara Lee Corp.’s  managers passed up three chances to sell itself in the last year, Bloomberg reported Monday, citing people with knowledge of the negotiations. Get the full story »

Sara Lee pushing ahead on break up plan, for now

Sara Lee Corp. is pushing ahead with plans to separate its two main businesses, after offers from interested buyers came in below the company’s price expectations, people familiar with the matter said.

The expected move is likely to squelch what had been a mounting auction for the Downers Grove-based company. But it could set up opportunity for deals in the future. Get the full story »

Sara Lee shares up 2.5% on takeover talk

Shares of Sara Lee Corp. rose more than 2.5 percent Monday on reports that a group of private equity firms is interested in a buyout of the coffee and meat company. Get the full story »

Apollo, others consider Sara Lee buyout, sources say

Private-equity firm Apollo Global Management LLC and investor C. Dean Metropoulos have formed a group of investors to explore a purchase of Sara Lee Corp., people familiar with the matter said.

Apollo and Metropoulos, a Connecticut entrepreneur who acquired Pabst Brewing Co. last year, are leading a consortium that includes Bain Capital LLC and TPG Capital LP, the people said. Get the full story »