​Athene to merge with Apollo in $11bn all-stock deal
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​Athene to merge with Apollo in $11bn all-stock deal

Apollo Athene logos on Solow Building exterior.jpg

Retirement services and life insurance holding company Athene will merge with Apollo in an all-stock transaction that values the company at about $11bn.

Under the deal terms, each class A common share of Athene will be exchanged for a fixed ratio of 1.149

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