Apollo Global Management not planning HMV takeover - report
Apollo Global Management is reportedly not planning to takeover HMV, after the private equity firm took on a percentage of HMV’s debt from Allied Irish Bank.
Last night, the struggling retailer finally went bust and is seeking a purchaser for the business. But, despite speculation, that Apollo was preparing a takeover of the firm earlier this month, a Reuters source says that is not the case.
Apollo was also reported to have bought 10% (more than £20m) of HMV’s ...
Login to access this article
To access this article you need to be a subscriber. If you are a subscriber login below.
Login NowSubscribe
If you have previously taken a trial you will need to subscribe to access this article.
Subscribe Now
