Deutsche Bank running $4.3billion funding deal for Apollo acquisition of IGT

According to reports, German financial behemoth Deutsche Bank AG is handling a $4.325 billion bond/loan offering that will partially support Apollo Global Management's recently declared acquisition of Everi and International Game Technology's PlayDigital and global gaming divisions.

In accordance with the conditions of the Apollo proposal, the private equity firm will give Everi investors $14.25 per share and IGT $4.05 billion in gross proceeds.

 

[Qwert135]

This is one of the biggest and most significant deal that is actually running and nearly completed because the competition companies do not have such budget so there is good chance the deal with happen very soon indeed