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Apollo Investment Corporation 6.875% Senior Notes due 2043 AIY

Apollo Investment Corp is US-based closed-end non-diversified management investment company. The company's investment objective is to generate current income and capital appreciation. It mainly invests in various forms of debt investments such as secured and unsecured debt, loan investments and equity in private middle-market companies as well as public companies and in structured products. The company's portfolio includes secured and unsecured debt of private middle-market companies and equity


NYSE:AIY - Post by User

Post by takeoverchatteron Sep 12, 2010 8:44pm
557 Views
Post# 17439249

Santander Purchases Pieces of AIB

Santander Purchases Pieces of AIB"Allied Irish Banks (AIB) sells a 70% stake in Bank Zachodni WBK, from Poland, to Banco Santander. The Spanish bank agreed to pay $3.7B for AIB's assets. Banco Santander has been on a tear diversifying its business in recent months, picking up struggling banking businesses from all over the world. The bank recently bought over 300 branches from the Royal Bank of Scotland for $558M. Upon the news of picking up these Polish assets, Allied Irish Banks stock price jumped 8% in afternoon trading."

From: www.takeoverchatter.com
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