financetom
Business
financetom
/
Business
/
Market Chatter: Apollo Global Said to Mull Acquiring Spain's Fotowatio Renewable Ventures
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Apollo Global Said to Mull Acquiring Spain's Fotowatio Renewable Ventures
Feb 21, 2025 6:23 AM

09:04 AM EST, 02/21/2025 (MT Newswires) -- Apollo Global Management ( APO ) is among suitors looking to acquire Spain's Fotowatio Renewable Ventures from its Saudi parent Abdul Latif Jameel Energy and Environmental Services, Bloomberg reported Friday, citing sources familiar with the plan.

Abdul Latif has been working with JPMorgan Chase (JPM) on a sale that could value the Madrid-based company at about 2 billion euros ($2.09 billion), the news outlet reported previously.

The talks are ongoing and there is no assurance any deal will take place, Bloomberg added, citing the sources.

Apollo, Fotowatio, and Abdul Latif did not immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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 >
Mirion Technologies Acquires Paragon Energy Solutions for $585 Million
Mirion Technologies Acquires Paragon Energy Solutions for $585 Million
Sep 24, 2025
07:41 AM EDT, 09/24/2025 (MT Newswires) -- Mirion Technologies ( MIR ) said Wednesday that it has agreed to acquire nuclear energy company Paragon Energy Solutions from Windjammer Capital Investors for approximately $585 million in cash. The company said it expects the acquisition will be accretive to diluted earnings per share in the first year after the deal closes. It...
First Mining Gold Reports Drill Results Expanding Miroir Target
First Mining Gold Reports Drill Results Expanding Miroir Target
Sep 24, 2025
07:42 AM EDT, 09/24/2025 (MT Newswires) -- First Mining Gold ( FFMGF ) Wednesday reported additional drill results from the Duparquet gold project in Quebec, expanding its newly discovered Miroir target. Highlights of the results include 3.23 grams per tonne gold over 25.9 meters, including 11.2 g/t gold over 2 meters, and including 10.16 g/t gold over 1.4 meters. The...
Form 8.3 - American Axle & Manufacturing Holdings, Inc.
Form 8.3 - American Axle & Manufacturing Holdings, Inc.
Sep 24, 2025
LONDON--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: GAMCO Investors, Inc. (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or...
FORTÉ Expands Internationally With Acquisition of Informationsteknik in Sweden and Denmark
FORTÉ Expands Internationally With Acquisition of Informationsteknik in Sweden and Denmark
Sep 24, 2025
MINNEAPOLIS--(BUSINESS WIRE)-- FORTÉ, formerly AVI Systems, today announced it has acquired Informationsteknik Scandinavia AB, headquartered in Stockholm, Sweden. With operations in both Sweden and Denmark, this acquisition further expands FORTÉ’s European presence and advances its strategy to support global organizations with modern audiovisual and unified collaboration solutions. “Informationsteknik has served customers in Sweden and Denmark since 1989. With seven locations...
Copyright 2023-2026 - www.financetom.com All Rights Reserved