Apollo Global Management, Inc. (NYSE:APO) is exploring a takeover of Ryder System, Inc. (NYSE:R), a transportation and logistics company, according to people with knowledge of the matter. The stock rose as much as 19%. Terms of a transaction couldn't immediately be learned, but any deal would value Ryder at a premium to the $3.4 billion market value ascribed to the company before Bloomberg News reported on a potential deal, said the people, who asked to not be identified because the matter isn't public.
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
113.2 USD | +5.22% | -0.19% | +15.50% |
Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+15.50% | 64.64B | |
-5.74% | 114B | |
-4.14% | 90.81B | |
+4.05% | 61.06B | |
+10.67% | 42.95B | |
+8.65% | 40.61B | |
+17.72% | 34.3B | |
+3.45% | 25.03B | |
-4.09% | 22.43B | |
+3.75% | 19.17B |
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- Apollo Global Reportedly Explores Takeover of Ryder System