TBS Holdings,Inc. (TSE:9401) acquired an unknown minority stake in Legend Pictures, LLC from Apollo Global Management, Inc. (NYSE:APO) and Legendary?s leadership on January 16, 2026.
As part of the acquisition, Legendary Entertainment's management and Apollo-affiliated funds will be retaining the majority control in TBS Holdings,Inc.
The Raine Group LLC acted as financial advisor for Legend Pictures, LLC.
TBS Holdings,Inc. (TSE:9401) completed the acquisition of an unknown minority stake in Legend Pictures, LLC from Apollo Global Management, Inc. (NYSE:APO) and Legendary?s leadership on January 16, 2026.
Apollo Global Management, Inc. specializes in alternative asset management. The activity is organized around two sectors:
- sale of retirement savings products: for institutions, companies and individuals;
- alternative asset management: fund management on behalf of pension funds, sovereign wealth funds, institutional and individual investors.
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