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'Apollo, Blackrock In Talks To Help Two Amazon Aggregators Merge; Pandemic-Era E-Commerce Boom Fizzled, Prompting Shakeout; Branded, Heyday Plan To Combine And Continue As Essor' - Bloomberg News

Author: Benzinga Newsdesk | August 26, 2024 03:28pm

https://www.bloomberg.com/news/articles/2024-08-26/apollo-blackrock-in-talks-to-help-two-amazon-aggregators-merge

 

Apollo Global Management Inc. and BlackRock Inc. are in talks to provide new debt financing for the merger of two Amazon aggregators, according to people familiar with the matter.

The proposed deal continues an ongoing consolidation of such companies, which raised billions of dollars and snapped up brands sold on Amazon.com Inc., only to watch the pandemic-era e-commerce boom fizzle.

Posted In: APO BLK


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