Apollo run life funds that invest in private market assets. Presumably the original deal was Apollo having a look at CGF to see if they could roll out the same strategy and then come back and buy CGF. Not sure why they walked. Maybe CGF is too expensive, maybe APRA didnt want CGF funds invested in non public stuff, maybe they discovered that APRA capital standards were tough (although if GCF white label Japanese annuities, it is probably capital driven).
So clearly no takeover with a premium going to occur
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Last
$7.93 |
Change
0.085(1.08%) |
Mkt cap ! $5.465B | |||
| Open | High | Low | Value | Volume |
| $7.75 | $7.93 | $7.69 | $286.3M | 38.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 69 | 11840 | $7.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.93 | 10930 | 26 |
View Market Depth
| Last trade - 14.14pm 17/06/2025 (20 minute delay) ? |
| CGF (ASX) Chart |