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Stock impact report

Blume Global and Funds Managed by Apollo Global Management Complete Strategic Investment Agreement

Apollo Global Management, Inc. (New) (APO) 
Last apollo global management, inc. (new) earnings: 5/1 07:00 am Check Earnings Report
US:NYSE Investor Relations: apollo.com/shareholders/overview
Company Research Source: PR Newswire
PLEASANTON, Calif., April 16, 2019 /PRNewswire/ -- Blume Global, a leader in global logistics and digital supply chain solutions, today announced that funds (the "Apollo Funds") managed by affiliates of Apollo Global Management, LLC (together with its consolidated subsidiaries, "Apollo") (NYSE: APO) have completed their strategic investment in Blume Global, with EQT Infrastructure keeping a minority investment. As part of the close, Blume Global becomes an independent company within the Apollo Funds' portfolio. Blume Global and DCLI will continue to be strategic partners and will further strengthen their relationship and solutions for joint customers across the ecosystem.Blume solutions empower supply chain leaders with unprecedented agility and precision to plan, execute, monitor and optimize the movement and allocation of inventory throughout their supply chains. Blume Global connects retail, hi-tech, consumer products and automotive organizations with logistics service providers, o Show less Read more
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