09:25 AM EDT, 07/01/2025 (MT Newswires) -- Apollo Global Management ( APO ) said Tuesday it completed its $6.30 billion acquisition of International Game Technology's ( IGT ) gaming and digital business, and Everi ( EVRI ) .

The combined business will operate under the IGT name and retain the Everi brand in select markets and product lines, Apollo said.

Apollo reiterated that Hector Fernandez would assume the role of chief executive of IGT in Q4, while Interim Chief Executive Nick Khin will transition into the role of CEO of IGT's gaming business unit.

Everi ( EVRI ) stockholders are receiving $14.25 per share in cash, and International Game Technology ( IGT ) is receiving $4.05 billion in cash, Apollo said, adding Everi's ( EVRI ) stock has been delisted from the New York Stock Exchange.