financetom
Business
financetom
/
Business
/
Apollo Funds Acquire Majority Stake in Bold Production Services
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Apollo Funds Acquire Majority Stake in Bold Production Services
Feb 12, 2025 10:28 AM

01:09 PM EST, 02/12/2025 (MT Newswires) -- Apollo Global Management ( APO ) said Wednesday that funds managed by its affiliates have acquired a majority stake in oil and gas infrastructure resource company Bold Production Services.

Financial terms were not disclosed.

Bold provides contract services in the treating and removal of impurities in natural gas, oil and water, Apollo said.

Price: 157.25, Change: -0.83, Percent Change: -0.53

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Analysis-China's sanction-hit tech industry puzzles over impact of Trump, Harris presidencies
Analysis-China's sanction-hit tech industry puzzles over impact of Trump, Harris presidencies
Nov 4, 2024
BEIJING (Reuters) - Donald Trump winning the U.S. presidency next week would muddle the outlook for Chinese technology firms far more than a win for Kamala Harris, with executives saying his unpredictable style could lead as much to a reprieve for the sanction-hit industry as increased restrictions. The Republican candidate initiated a Sino-U.S. trade war during his 2017-2021 presidency by...
Fox Factory Holding Fiscal Q3 Adjusted Earnings Fall, Sales Increase; 2024 Guidance Lowered
Fox Factory Holding Fiscal Q3 Adjusted Earnings Fall, Sales Increase; 2024 Guidance Lowered
Nov 4, 2024
04:06 AM EDT, 11/01/2024 (MT Newswires) -- Fox Factory Holding ( FOXF ) reported fiscal Q3 adjusted net income late Thursday of $0.35 per diluted share, down from $1.05 a year earlier. Analysts polled by Capital IQ expected $0.42. Net sales for the quarter ended Sept. 27 were $359.1 million, up from $331.1 million a year earlier. Analysts surveyed by...
Middlesex Water Q3 Earnings, Revenue Increase
Middlesex Water Q3 Earnings, Revenue Increase
Nov 4, 2024
04:49 AM EDT, 11/01/2024 (MT Newswires) -- Middlesex Water ( MSEX ) reported Q3 earnings late Thursday of $0.80 per diluted share, up from $0.56 a year earlier. Operating revenue for the quarter ended Sept. 30 was $55.1 million, up from $46.7 million a year earlier. Two analysts surveyed by Capital IQ expected $52.4 million. ...
Trump Loses $1.9B In Net Worth As DJT Stock Tumbles 2nd Time This Week
Trump Loses $1.9B In Net Worth As DJT Stock Tumbles 2nd Time This Week
Nov 4, 2024
Former President Donald Trump has seen a significant decline in his net worth, losing approximately $1.9 billion due to a steep drop in Trump Media & Technology Group Corp ( DJT ) stock. What Happened: According to Benzinga Pro, DJT shares fell by 11.72%, closing at $35.34 on Thursday. This followed a 22% decline on Wednesday after the stock had...
Copyright 2023-2025 - www.financetom.com All Rights Reserved