GI Alliance valued at $2.2bn in Apollo-backed deal

GI Alliance valued at $2.2bn in Apollo-backed deal

Apollo Global Management said on Friday it had invested $785m in GI Alliance, as part of a deal that values the gastroenterology-care platform at $2.2bn. GI said the buyout firm would take two seats on its board after the deal is closed, expected in the third quarter...
Italy aims to pick preferred bidder for ITA Airways this month

Italy aims to pick preferred bidder for ITA Airways this month

Italy’s outgoing government is pressing ahead with plans to sell a majority stake in ITA Airways and hopes to choose its preferred bidder by the end of the month, three sources with knowledge of the matter told Reuters. The government had aimed to complete the...