TradingKey - The takeover battle for easyJet has taken a dramatic turn in just one week. U.S. private equity giant Apollo Global Management (APO) has emerged with a £5.7 billion bid, surpassing Castlelake, which had previously reached an agreement in principle. This move has intensified the bidding war for Europe’s second-largest low-cost carrier.

TradingKeyFri, Jul 10

Apollo and Blackstone Said to Complete $35 Billion Private Credit Deal to Provide ‘Chip Financing’ for Anthropic’s Computing Power Expansion

TradingKey — On June 8, ET, the Financial Times reported that Apollo Global Management (APO) and Blackstone (BX) have finalized a $35 billion private credit financing arrangement to support the computing power expansion of AI leader Anthropic. The funds will be used to purchase custom-developed Tensor Processing Units (TPUs) from Google (GOOGL) for Anthropic’s use through a leasing structure.

TradingKeyTue, Jun 9