Walkers Bermuda acts for Athene Holding Ltd. on Apollo Global Management Merger

Walkers Bermuda is pleased to have assisted Athene Holding Ltd. on the Bermuda law aspects of its merger under Apollo Global Management, Inc., which closed on 1 January 2022.

As a result of the merger, the combined entity, Apollo Global Management, Inc., has two principal subsidiaries: Apollo Asset Management (formerly Apollo Global Management, Inc.), its alternative asset management business, and Athene, its retirement services business.  Following the transaction, Apollo Global Management, Inc. is now the publicly traded combined entity. The last trading day closing prices of both Apollo and Athene stock implies a market capitalization of $43 billion for Apollo Global Management, Inc..

The Walkers team was led by managing partner, Kevin Taylor and corporate partner, Natalie Neto, assisted by senior counsel, Rachel Nightingale, senior associate, Tom Toriola and associate, Nick Howard. Natalie Neto said "We are delighted to have assisted Athene and to have worked with such experienced leadership team on this important and strategic transaction. We wish the combined business every success."

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