Big news in the world of business! Apollo, a huge investment company, is buying Bridge, a real estate company, for a whopping $1.5 billion! It's like buying a giant LEGO castle! This deal will make Apollo even bigger and better at investing in buildings and land. It's all about stocks, which are like tiny pieces of ownership in a company.
- Apollo is buying Bridge for a lot of money.
- Bridge invests in buildings and land.
- Apollo wants to become even bigger.
Fact | Number |
---|---|
Deal Value | $1.5 billion |
Bridge's Assets | $50 billion |
Apollo's Asset Target (2026) | $1 trillion |