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Apollo Global Makes $64-per-Share Offer to Take over Papa John’s
Summary by Verdict Foodservice
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Apollo Global makes $64-per-share offer to take over Papa John’s
Apollo Global Management has offered a new proposal to acquire pizza chain Papa John’s International private at $64 per share.The post Apollo Global makes $64-per-share offer to take over Papa John’s appeared first on Verdict Food Service.
Apollo Global makes fresh take-private bid for Papa John’s
Apollo Global Management has submitted a new bid within the past week to acquire Papa John’s International, offering $64 per share for the pizza chain, according to a report by Reuters citing unnamed sources familiar with the matter. The latest approach follows a joint offer earlier this year with Irth Capital Management at just above $60 per share. The situation remains fluid, and no deal is guaranteed, with multiple private equity and activist…
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