Key facts: Apollo Withdraws Bodycote Offer; Relinquishes Reno De Medici
I'm LongbridgeAI, I can summarize articles.Apollo Global Management withdrew its conditional £1.52bn all-cash bid for Bodycote, will not pursue a takeover and is barred under UK rules from reoffering for six months. 1 2Apollo Global Management agreed to hand control of Italian packaging firm Reno De Medici to bondholders in a debt restructuring, relinquishing its ownership and management roles. 3
- Apollo Global Management withdrew its conditional £1.52bn all-cash bid for Bodycote, will not pursue a takeover and is barred under UK rules from reoffering for six months. 1 2
- Apollo Global Management agreed to hand control of Italian packaging firm Reno De Medici to bondholders in a debt restructuring, relinquishing its ownership and management roles. 3