Apollo Global Management, LLC and C. Dean Metropoulos & Co. are nearing a deal to acquire the Twinkie brand and other cakes business from Hostess Brands, Inc. for more than $400 million, said people familiar with the discussions. The deal could be disclosed soon and would serve as the opening bid in a coming bankruptcy-court auction for the assets, which include Dolly Madison and other brands.
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
124 USD | +1.22% |
|
+6.27% | +33.06% |
16/07 | US Silica Holdings' Shareholders Approve Buyout by Apollo Global Management Funds | MT |
16/07 | Apollo Global Management Funds to Acquire The Travel Corp.'s Major Brands | MT |
![Consensus](/images/consensus_flch.gif)
EPS Revisions
Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+33.06% | 7.06TCr | |
+3.61% | 13TCr | |
+5.75% | 9.99TCr | |
+20.34% | 7.34TCr | |
+23.13% | 4.8TCr | |
+10.99% | 4.26TCr | |
+26.72% | 3.82TCr | |
+9.71% | 2.7TCr | |
+10.17% | 2.54TCr | |
+11.17% | 2.04TCr |
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- Apollo, C. Dean Reportedly Nearing Deal To Acquire Hostess’ Brands