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VERIFIEDMint Companies·negative
Apollo’s Atlas Facing $1.1 Billion Potential Hit on Collapse of UK’s MFS
AI Summary
- ·Vehicles backed by Apollo Global Management's Atlas SP Partners may face a loss of up to $1.1 billion.
- ·The potential loss stems from the collapse of UK mortgage firm Market Financial Solutions Ltd.
- ·The figure of $1.1 billion is based on information from court-appointed administrators.