Market Chatter: Apollo Buying Bridge Investment Group for $1.5 Billion in Stock

MT Newswires Live

02/24

Apollo Global Management (APO) is buying real-estate investment firm Bridge Investment Group (BRDG) for roughly $1.5 billion in stock, The Wall Street Journal reported Monday, citing people familiar with the matter.

Bridge Executive Chairman Bob Morse will join Apollo as partner and head of its real-estate equity business, according to the report.

Apollo and Bridge did not immediately reply to requests 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.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B775SV38.USD","symbol_name":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2513872540","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2513872540","pubTimestamp":1740401713,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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