Apollo Global Management Inc. has announced the completion of its acquisition of Bridge Investment Group Holdings Inc. The transaction was an all-stock deal, with Bridge stockholders and Bridge OpCo unitholders receiving 0.07081 shares of Apollo stock for each share of Bridge Class A common stock and each Bridge OpCo Class A common unit. The agreement values each Bridge share and unit at $11.50. Following the acquisition, Bridge's common stock has ceased trading on the New York Stock Exchange. Bridge will operate as a platform company within Apollo's asset management business, maintaining its brand, management, and investment teams.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Apollo Global Management Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9521441-en) on September 02, 2025, and is solely responsible for the information contained therein.