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US Economy's Hopes For Soft Landing 'Almost The Most Unlikely Scenario': Apollo's Chief Economist
Tuesday, February 13, 2024 - 3:16am | 630Apollo Management‘s chief economist, Torsten Sløk, expressed concerns about the possibility of a soft landing for the U.S. economy, a scenario he previously championed. He now sees it as the least likely outcome. What Happened: In a Bloomberg interview on Monday, Sløk stated that the chances...
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Rexnord Takes a Third Shot at an IPO
Thursday, May 26, 2011 - 9:36am | 183Rexnord Corp. has revived its plans to go public, filing to raise up to $700 million in an initial public offering. The U.S. industrial firm is backed by Apollo Global Management. Milwaukee-based Rexnord first filed to go public in 2006 for up to $400 million under the name RBS Global Inc. It was...