Apollo funds to invest $2 billion in preferred equity of at&t mobility ii llc

New york, june 05, 2023 (globe newswire) -- apollo (nyse: apo) today announced that, on behalf of its affiliated and third-party insurance clients and other investors, it has agreed to invest $2.0 billion in preferred equity securities to be issued by at&t mobility ii llc, a subsidiary of at&t inc. (nyse: t).
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