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Tech stocks drag Wall Street lower, Greensill files for administration, Apollo merges with Athene
FT News Briefing
The Private Equity Giant Will Merge With Life Insurance Company Athene
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apollo is buying bits of greensall for 59 million dollars. The private equity giant will merge with the life insurance company athene. Ing the deal will create a financial conglomerate with a 29 billion dollar market cap. And we believe that they're doing that so provide its own financing to some of a greensal's customers who'd be stranded otherwise.
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