NYSE:APODiversified Financial
Apollo Shifts From Bodycote Bid To AI Infrastructure With Partners
Apollo Global Management (NYSE:APO) ended its £1.52b takeover talks for UK engineering group Bodycote.
The firm also launched a new AI compute infrastructure platform alongside Broadcom and Blackstone.
The AI platform is aimed at supporting leading AI labs and large scale data center expansion.
Apollo Global Management, trading at about $132.7, has seen its stock rise 83.1% over 3 years and 153.1% over 5 years, while the 1 year move is close to flat, down 0.6%. Shorter term performance is...