Epstein File EFTA02545474: Rice and Apollo Management (DS11)

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⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA02545474: Rice and Apollo Management (DS11)

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This document discusses Apollo Management's bid for a banking unit, alongside competing bids from Liechtenstein's LGT Bank (offering over €300 million) and other parties. The excerpt references pricing considerations and market conditions affecting the sale, with BHF Bank's book value noted at approximately €600 million. The document appears to relate to private equity acquisition activity involving Apollo Management.

👤 Named in This Document

Rice

🔑 Evidence Keywords

Apollo Management Deutsche Bank

📋 Key Excerpts2

PersonKeyword

Excerpt 1

Last year global private equity firm **Apollo** **Management** bid for the unit, =$ did Lichtenstein's LGT Bank, which made an offer of over €300m =fter reportedly

Excerpt 2

At the time BHF Bank's book value was around €600m, but it was =nclear whether Deutsche Bank would be able to find a buyer at that =**rice**, given market