RWE Considers Increasing Stake in Amprion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Source: Newsfilter
- Acquisition Plans: RWE, Germany's largest power producer, is considering increasing its stake in power network operator Amprion through its joint venture RWE Akjaios with US private equity firm Apollo, currently holding 25.1%, indicating a strategic focus on power networks.
- Ownership Structure: AEGB, which holds 16.5% of Amprion and is backed by five pension funds, may see its stake altered by RWE's potential acquisition, which could impact Amprion's future operational decisions.
- Market Dynamics: RWE's regular communication with other Amprion shareholders suggests active participation in the electricity market, potentially solidifying its position in Germany's power network through increased ownership.
- Preliminary Agreement: Reports indicate that RWE has signed a preliminary purchase agreement with AEGB, demonstrating a firm intent to acquire while reflecting ongoing market interest and investment in power assets.
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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: 127.510
Low
136.00
Averages
164.45
High
182.00
Current: 127.510
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.
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- Private Debt Structure: This debt syndication is private, meaning only invited investors can participate, with Apollo and Blackstone planning to sell down some debt while retaining a significant portion, demonstrating confidence in Anthropic's future growth.
See More
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See More
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- Software Sector Pressure: The software industry accounts for 19% of private credit collateralized loan obligations, and as growth slows and margins compress, the repayment capacity of these loans is expected to be negatively impacted, adding to market uncertainty.
- Liquidity Crisis: With constrained liquidity, investors are beginning to attempt to withdraw funds, particularly with significant withdrawal requests anticipated in June, which could exert further pressure on the market and lead to more default events.
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