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Apollo swoops in on bank's fire sale

Authors :
Troianovski, Anton
Brown, Eliot
Source :
The Wall Street Journal Eastern Edition. Dec 24, 2010, pC1, 1 p.
Publication Year :
2010

Abstract

Apollo Management LP is paying $1.2 billion to acquire a Credit Suisse Group $2.8 billion portfolio of distressed commercial-real-estate loans. The portfolio includes European properties such as hotels and apartments buildings.

Details

Language :
English
ISSN :
00999660
Database :
Gale General OneFile
Journal :
The Wall Street Journal Eastern Edition
Publication Type :
News
Accession number :
edsgcl.245266250