2025 is 'all about cargo', says Amazon operator Sun Country Airlines
Apollo Global Management, owner of Atlas Air, has sold its remaining 12% of Sun Country ...
By Alex Lennane
Atlas Air is to be wholly acquired by Apollo funds, together with JF Lehman and Hill City Capital, in an all-cash transaction for an enterprise value of $5.2bn.
Atlas Air shareholders will receive $102.50 per share, a 57% premium on the 30-day weighted average trading price.
Atlas will delist from Nasdaq and become privately held. The current executive team will remain in place, along with chief executive John Dietrich.
“We believe this transaction will deliver immediate and certain value to Atlas Air Worldwide ...
Comment on this article