Apollo funds complete acquisitions of IGT's Gaming, Digital business and Everi
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 01 2025
0mins
Should l Buy APO?
Acquisition Announcement: Apollo has completed the acquisition of International Game Technology's Gaming & Digital Business and Everi Holdings for approximately $6.3 billion, creating a global leader in gaming and financial technology solutions under the IGT name.
Leadership Transition: Hector Fernandez is set to become CEO of IGT in late 2025, while current leader Mr. Khin will manage the organization until then and transition to head IGT's Gaming unit; Everi stock has been delisted from the NYSE with shareholders receiving $14.25 per share.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy APO?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on APO
Wall Street analysts forecast APO stock price to rise
11 Analyst Rating
10 Buy
1 Hold
0 Sell
Strong Buy
Current: 110.250
Low
136.00
Averages
164.45
High
182.00
Current: 110.250
Low
136.00
Averages
164.45
High
182.00
About APO
Apollo Global Management, Inc. is a global alternative asset manager and a retirement services provider. It operates through three segments: Asset Management, Retirement Services and Principal Investing. The Asset Management segment focuses on three investing strategies: yield, hybrid, and equity. These strategies reflect the range of investment capabilities across its platform based on relative risk and return. The Retirement Services business is conducted by Athene Holding Ltd (Athene), a financial services company that specializes in issuing, reinsuring, and acquiring retirement savings products designed for the increasing number of individuals and institutions seeking to fund retirement needs. Athene product lines include annuities and funding agreements. The Principal Investing segment includes realized performance fee income, realized investment income from its balance sheet investments, and certain allocable expenses related to corporate functions supporting the entire company.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Notice of Class Action Lawsuit Against Apollo Global Management
- Class Action Initiation: Rosen Law Firm reminds investors who purchased Apollo Global Management (NYSE: APO) securities between May 10, 2021, and February 21, 2026, that they must apply to be lead plaintiff by May 1, 2026, to participate in the filed class action, with failure to do so resulting in the loss of compensation opportunities.
- No Upfront Costs: Investors joining the class action will incur no upfront fees or costs, as the law firm operates on a contingency fee basis, ensuring that investors can seek potential compensation without financial burden, thereby lowering the barrier to participation.
- Lawsuit Background: The lawsuit alleges that Apollo Global's executives frequently communicated with Jeffrey Epstein in the 2010s, contradicting the company's claims of no business dealings with him, which harmed the company's reputation and caused investor losses, highlighting significant governance and transparency issues within the firm.
- Law Firm Reputation: Rosen Law Firm is renowned for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, and was ranked No. 1 by ISS Securities Class Action Services in 2017, demonstrating its strong capabilities and influence in the industry.
See More
Concerns Rise Over Corporate Exodus from New York City
- Corporate Exodus Risk: Concerns about a corporate exodus are heightened as Apollo Global Management considers establishing a second headquarters in a southern state, which could amplify opposition to tax and real estate policies during Mayor Zohran Mamdani's term, potentially impacting the city's economic growth.
- Budget Deficit Challenge: Facing a $5.4 billion budget deficit, Mamdani's administration advocates for taxing the wealthy, but its conflict with Governor Kathy Hochul over tax policies may lead to corporate caution regarding future investments, further affecting New York's business environment.
- Office Market Dynamics: Despite the risk of exodus, JLL reports that leasing volume for high-quality office space in Manhattan reached 8.5 million square feet in Q1 2026, with vacancies dropping by 2.2 percentage points to 13.5%, indicating that companies are still competing for premium office space, driving rents up by 3.5%.
- AI Sector Driving Leasing: Leasing activity from AI companies accounted for half of 2025's total leasing volume in Manhattan, with Nscale Global Holdings' lease at One Vanderbilt setting a record rent of $320 per square foot, reflecting strong demand for premium office space while introducing uncertainty into the market.
See More
Intel's Stake Buyback in Ireland Fuels Stock Surge
- Significant Stock Surge: Intel's shares rose nearly 17% over the past week, reflecting strong market confidence in its acquisition strategy and signaling investor optimism about the company's future profitability.
- Major Strategic Acquisition: Intel has agreed to repurchase a 49% stake in its Fab 34 facility in Ireland from Apollo Global Management for $14.2 billion, which produces Xeon 6 and Core Ultra processors, expected to boost per-share profits by 2027.
- Enhanced Market Confidence: Analysts widely view this acquisition as a sign of Intel's improving financial profile and its potential to attract new foundry customers, further solidifying its leadership in the semiconductor market.
- AI-Driven Expansion Plans: The Fab 34 facility is crucial to Intel's AI-driven expansion, and management's decision to acquire it outright reflects confidence in semiconductor manufacturing prospects, leading investors to anticipate further stock price appreciation.
See More
Intel Repurchases Key Chip Facility Stake, Boosting AI Prospects
- Stake Repurchase: Intel has reached an agreement with Apollo Global Management to repurchase a 49% stake in its Fab 34 facility in Ireland for $14.2 billion, which produces Xeon 6 and Core Ultra processors, expected to boost per-share profits by 2027, reflecting the company's confidence in its future profitability.
- Stock Surge: Following this announcement, Intel's shares rose nearly 17% over the past week, indicating market optimism regarding its strengthened foundry network and AI prospects, further solidifying its leadership position in the semiconductor industry.
- Analyst Optimism: UBS analysts suggest that Intel's buyback indicates expectations of gaining new foundry customers, while J.Gold Associates analysts note that the market is purchasing Intel products at scale, demonstrating robust market demand.
- Strategic Importance: The Fab 34 facility is central to Intel's AI-driven expansion plans, and the management's acquisition decision not only reflects confidence in manufacturing prospects but may also lead Wall Street to raise earnings forecasts for Intel, further boosting investor confidence.
See More
Apollo Global Management Faces Securities Class Action Lawsuit
- Deadline for Claims: ClaimsFiler reminds investors that those who purchased or acquired Apollo Global Management (NYSE:APO) securities between May 10, 2021, and February 21, 2026, must file lead plaintiff applications by May 1, 2026, or risk losing their opportunity to claim damages.
- Legal Allegations: Apollo and certain executives are accused of failing to disclose material information during the class period, violating federal securities laws, including frequent communications with Jeffrey Epstein, which harmed the company's reputation and investor confidence.
- Impact of False Statements: The lawsuit alleges that Apollo's claims of never doing business with Epstein were false, potentially leading investors to misjudge the company's future prospects and operations due to the misleading nature of the statements made.
- Case Details: The case is titled Feldman v. Apollo Global Management, Inc., Case No. 26-cv-01692, and investors can visit ClaimsFiler for more information and legal consultation options to protect their rights.
See More
Apollo Global Management Faces Securities Class Action Lawsuit
- Lawsuit Background: Hagens Berman has filed a securities class action against Apollo Global Management (NYSE:APO), representing investors who purchased securities between May 10, 2021, and February 21, 2026, alleging that executives made materially false statements regarding ties to Jeffrey Epstein.
- Investor Losses: The lawsuit claims Apollo's leadership misled the public by asserting that the firm “never did any business” with Epstein, a narrative that began to unravel in early 2026, leading to significant losses for investors and urging affected parties to apply as Lead Plaintiff by May 1, 2026.
- Investigation Developments: Reed Kathrein, a partner at Hagens Berman, noted that recent investigative reports suggest a deeper professional entanglement involving current CEO Marc Rowan, exacerbating the trust crisis surrounding Apollo.
- Whistleblower Program: The lawsuit encourages individuals with non-public information to utilize the SEC Whistleblower program, where providing original information may yield rewards of up to 30% of any successful recovery, highlighting the importance of transparency and corporate accountability.
See More
Notice of Class Action Lawsuit Against Apollo Global Management
- Class Action Initiation: Rosen Law Firm reminds investors who purchased Apollo Global Management (NYSE: APO) securities between May 10, 2021, and February 21, 2026, that they must apply to be lead plaintiff by May 1, 2026, to participate in the filed class action, with failure to do so resulting in the loss of compensation opportunities.
- No Upfront Costs: Investors joining the class action will incur no upfront fees or costs, as the law firm operates on a contingency fee basis, ensuring that investors can seek potential compensation without financial burden, thereby lowering the barrier to participation.
- Lawsuit Background: The lawsuit alleges that Apollo Global's executives frequently communicated with Jeffrey Epstein in the 2010s, contradicting the company's claims of no business dealings with him, which harmed the company's reputation and caused investor losses, highlighting significant governance and transparency issues within the firm.
- Law Firm Reputation: Rosen Law Firm is renowned for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, and was ranked No. 1 by ISS Securities Class Action Services in 2017, demonstrating its strong capabilities and influence in the industry.
See More
Concerns Rise Over Corporate Exodus from New York City
- Corporate Exodus Risk: Concerns about a corporate exodus are heightened as Apollo Global Management considers establishing a second headquarters in a southern state, which could amplify opposition to tax and real estate policies during Mayor Zohran Mamdani's term, potentially impacting the city's economic growth.
- Budget Deficit Challenge: Facing a $5.4 billion budget deficit, Mamdani's administration advocates for taxing the wealthy, but its conflict with Governor Kathy Hochul over tax policies may lead to corporate caution regarding future investments, further affecting New York's business environment.
- Office Market Dynamics: Despite the risk of exodus, JLL reports that leasing volume for high-quality office space in Manhattan reached 8.5 million square feet in Q1 2026, with vacancies dropping by 2.2 percentage points to 13.5%, indicating that companies are still competing for premium office space, driving rents up by 3.5%.
- AI Sector Driving Leasing: Leasing activity from AI companies accounted for half of 2025's total leasing volume in Manhattan, with Nscale Global Holdings' lease at One Vanderbilt setting a record rent of $320 per square foot, reflecting strong demand for premium office space while introducing uncertainty into the market.
See More
Intel's Stake Buyback in Ireland Fuels Stock Surge
- Significant Stock Surge: Intel's shares rose nearly 17% over the past week, reflecting strong market confidence in its acquisition strategy and signaling investor optimism about the company's future profitability.
- Major Strategic Acquisition: Intel has agreed to repurchase a 49% stake in its Fab 34 facility in Ireland from Apollo Global Management for $14.2 billion, which produces Xeon 6 and Core Ultra processors, expected to boost per-share profits by 2027.
- Enhanced Market Confidence: Analysts widely view this acquisition as a sign of Intel's improving financial profile and its potential to attract new foundry customers, further solidifying its leadership in the semiconductor market.
- AI-Driven Expansion Plans: The Fab 34 facility is crucial to Intel's AI-driven expansion, and management's decision to acquire it outright reflects confidence in semiconductor manufacturing prospects, leading investors to anticipate further stock price appreciation.
See More
Intel Repurchases Key Chip Facility Stake, Boosting AI Prospects
- Stake Repurchase: Intel has reached an agreement with Apollo Global Management to repurchase a 49% stake in its Fab 34 facility in Ireland for $14.2 billion, which produces Xeon 6 and Core Ultra processors, expected to boost per-share profits by 2027, reflecting the company's confidence in its future profitability.
- Stock Surge: Following this announcement, Intel's shares rose nearly 17% over the past week, indicating market optimism regarding its strengthened foundry network and AI prospects, further solidifying its leadership position in the semiconductor industry.
- Analyst Optimism: UBS analysts suggest that Intel's buyback indicates expectations of gaining new foundry customers, while J.Gold Associates analysts note that the market is purchasing Intel products at scale, demonstrating robust market demand.
- Strategic Importance: The Fab 34 facility is central to Intel's AI-driven expansion plans, and the management's acquisition decision not only reflects confidence in manufacturing prospects but may also lead Wall Street to raise earnings forecasts for Intel, further boosting investor confidence.
See More
Apollo Global Management Faces Securities Class Action Lawsuit
- Deadline for Claims: ClaimsFiler reminds investors that those who purchased or acquired Apollo Global Management (NYSE:APO) securities between May 10, 2021, and February 21, 2026, must file lead plaintiff applications by May 1, 2026, or risk losing their opportunity to claim damages.
- Legal Allegations: Apollo and certain executives are accused of failing to disclose material information during the class period, violating federal securities laws, including frequent communications with Jeffrey Epstein, which harmed the company's reputation and investor confidence.
- Impact of False Statements: The lawsuit alleges that Apollo's claims of never doing business with Epstein were false, potentially leading investors to misjudge the company's future prospects and operations due to the misleading nature of the statements made.
- Case Details: The case is titled Feldman v. Apollo Global Management, Inc., Case No. 26-cv-01692, and investors can visit ClaimsFiler for more information and legal consultation options to protect their rights.
See More
Apollo Global Management Faces Securities Class Action Lawsuit
- Lawsuit Background: Hagens Berman has filed a securities class action against Apollo Global Management (NYSE:APO), representing investors who purchased securities between May 10, 2021, and February 21, 2026, alleging that executives made materially false statements regarding ties to Jeffrey Epstein.
- Investor Losses: The lawsuit claims Apollo's leadership misled the public by asserting that the firm “never did any business” with Epstein, a narrative that began to unravel in early 2026, leading to significant losses for investors and urging affected parties to apply as Lead Plaintiff by May 1, 2026.
- Investigation Developments: Reed Kathrein, a partner at Hagens Berman, noted that recent investigative reports suggest a deeper professional entanglement involving current CEO Marc Rowan, exacerbating the trust crisis surrounding Apollo.
- Whistleblower Program: The lawsuit encourages individuals with non-public information to utilize the SEC Whistleblower program, where providing original information may yield rewards of up to 30% of any successful recovery, highlighting the importance of transparency and corporate accountability.
See More
