Apollo-Led Group to Buy Cargo-Hauler Atlas Air for $2.9 Billion

An investor group led by Apollo Global Management Inc. is acquiring Atlas Air Worldwide Holdings Inc. for about $2.9 billion, expanding its foray into aircraft leasing and charter flying as demand for air cargo cools from pandemic-era highs. The consortium agreed to pay $102.50 a share in cash, or about 57% more than the stock’s […]

 

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