Deal Snapshot
APOLLO GLOBAL MANAGEMENT FUNDS CLOSE USD 1.36BN ACQUISITION OF US RETAILER THE FRESH MARKET
Thursday 28 April 2016

Funds managed by Apollo Global Management, LLC (NYSE: APO) have closed the acquisition of US-based specialty grocery retailer The Fresh Market, Inc. (NASDAQ: TFM) for approximately USD 1.36bn, the companies said.
The USD 28.50 per share all-cash price paid by the Apollo Funds represents a premium of approximately 24% over The Fresh Market's closing share price on 11 March 2016, and a premium of approximately 53% over the 10 February 2016 closing share price, the day prior to press speculation regarding a potential transaction.


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Details
Date Published: 28/04/2016
Target: The Fresh Market, Inc
Country: USA
Deal Size: 1.36bn (USD)
Sector: Wholesale/Retail
Type: LBO
Financing: Cash
Status: Closed
Vendor:
Buyer: Apollo Global Management
Buyer Advisor: Barclays , RBC Capital Markets, LLC , Jefferies , Macquarie Capital , Morgan, Lewis and Bockius LLP , Morris, Nichols, Arsht and Tunnell LLP , Paul, Weiss, Rifkind, Wharton and Garrison LLP
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