Apollo writes down $500m on casino investment
Apollo has taken a $500m (€339m) writedown on its investment in Harrah’s, the largest casino group in the world, which it bought with TPG Capital for $17bn in January.
Apollo has taken a $500m (€339m) writedown on its investment in Harrah’s, the largest casino group in the world, which it bought with TPG Capital for $17bn in January.