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Update: Market Chatter: Apollo in Talks to Lead $35 Billion Data Center Financing Package for Meta Platforms
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Update: Market Chatter: Apollo in Talks to Lead $35 Billion Data Center Financing Package for Meta Platforms
Feb 27, 2025 11:48 AM

02:20 PM EST, 02/27/2025 (MT Newswires) -- (Updates with Apollo's response in the last paragraph.)

Apollo Global Management ( APO ) is in talks to lead a $35 billion financing package to help Meta Platforms ( META ) develop US-based data centers, Bloomberg reported Thursday, citing people familiar with the matter.

Apollo declined to comment, while Meta did not immediately reply to a request for comment from MT Newswires.

(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.)

Price: 149.58, Change: +1.93, Percent Change: +1.31

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