Apollo Management LP

According to CNBC's Kate Kelly, Apollo Global Management has put off its IPO for at least a day until the markets settle. Kelly is reporting that the IPO will be $500 million in size, and will offer 26 million units at $18-$20 in price.

According to Bloomberg, the bankrupt LyondellBasel Industries AF rejected a $14.5 billion bid from Reliance Industries, India’s largest oil refiner and explorer. The offer is said to have been pitted against creditors of Lyondell, Apollo Management LP. The New York based private equity firm is said...