Apollo (APO) is reportedly set to acquire Emerald Holding (EEX) and Questex for approx. USD 1bln; Emerald shareholders to receive USD 5.03/shr (last closed USD 4.57/shr), WSJ reports

Apollo's planned acquisition of Emerald Holding and Questex for approximately $1 billion highlights their strategic expansion, especially as Emerald shareholders are set to gain a premium on their shares. This move could signal confidence in the sector's growth, potentially attracting interest from other market players and impacting related equities moving forward.