Apollo Global Management Expands Presence in European Data Center Market

Apollo Global Management Inc has acquired a pan-European, highly interconnected colocation data center business from STACK Infrastructure, a portfolio company of Blue Owl Digital Infrastructure. The acquisition is expected to strengthen Apollo’s position in the market.

Acquisition Details

  • The acquired business is a pan-European, highly interconnected colocation data center business
  • The acquisition is from STACK Infrastructure, a portfolio company of Blue Owl Digital Infrastructure

Market Impact

The company’s stock price has been affected by broader market trends. Analysts have warned of potential economic downturn due to ongoing trade tensions and tariffs.

Other Business Activities

Apollo has been involved in other business activities, including:

  • Launch of an initial public offering by Aspen Insurance Holdings Limited
    • Certain entities managed by affiliates of Apollo Global Management will sell shares
  • Tax equity financing for a solar project

Board Appointments

Apollo has made appointments to its board of directors, including:

  • Mr. Don Hetrakul as an Independent Director
  • Mr. Don Hetrakul as Audit Committee Member
  • Mr. Don Hetrakul as Chairman of the Nomination and Remuneration Committee