Applovin announces gqg purchase of 10 million shares of class a common stock from kkr

Palo alto, calif.--(business wire)--applovin corporation (nasdaq: app) (“applovin” or the “company”), a leading marketing platform, today announced that kkr denali holdings l.p. (“kkr”) entered into an agreement with gqg partners llc (“gqg”), a leading global equity investment boutique, to sell 10 million shares of applovin's class a common stock in a direct placement to client accounts managed by gqg. adam foroughi, applovin's co-founder, chief executive officer and chairperson, said, “we appr.
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