Shares of global alternative asset manager Apollo (APO) rose over 3% on Wednesday after the company announced that funds managed by its affiliates would acquire a majority stake in OEG Energy Group ...

OEG's more than 75,000 cargo carrying units facilitate the transportation of essential cargo to and from offshore energy installations. The company also offers services to the offshore wind industry.

The transaction implies a headline valuation of more than $1 billion for OEG, and Oaktree and others will retain a minority equity interest in the Company. OEG is a scaled provider of core ...

Apollo has announced its agreement to acquire a majority stake in OEG Energy Group from Oaktree Capital Management and other investors, valuing OEG at over $1 billion. OEG, a seasoned offshore ...

(RTTNews) - Apollo (APO) announced that funds managed by Apollo affiliates have agreed to acquire a majority stake in OEG Energy Group, a offshore energy solutions business, from funds managed by ...

Apollo Global Management (NYSE:APO) confirmed Wednesday it agreed to acquire a stake in U.K. energy services business OEG Energy Group at a valuation of more than $1B, as investors bet on surging ...