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    • Athene-Apollo Deal Opens Door Wider For Annuities

    March 9, 2021 by John Hilton

    Apollo Global Management is fully absorbing Athene Holding in a blockbuster $11 billion merger deal that further opens the door for annuities in traditional financial planning.

    Apollo co-founders Marc Rowan, Leon Black and Josh Harris funded Athene as a separate annuity company in 2009. The investment firm is Athene’s biggest shareholder, with Apollo and related entities owning a 35% stake.

    Click HERE to read the full story via INN

    Originally Posted at InsuranceNewsNet on March 8, 2021 by John Hilton.

    Categories: Industry Articles
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