Barclays, Credit Suisse and Evercore have acted as financial advisers to Apollo Education. Despite their advisory efforts, the institution has incurred a loss of $60.8 million during the last concluded fiscal quarter. Finally, Apollo Education has been compelled to go through acquisition for $1.1 billion.
Evercore
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Singapore Telecommunications, Southeast Asia's largest telecommunications operator by revenue, is buying U.S.-based cyber-security firm Trustwave for $810 million, marking its biggest acquisition outside the main telecoms sector.
Bidders William Morris Endeavor, ICM Partners and a consortium led by former News Corporation executive Peter Chernin are expected to submit their takeover offers for IMG Worldwide on Friday. New York Times said that William Morris will likely emerge as top bidder for the sports agency.
Natural gas processing firms, TexStar Midstream and Evercore Partners are looking into the possible sale of businesses to further expand in Southern Texas.
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