Yankee Global Enterprises

Investor: Apollo Sports Capital

Apollo Sports Capital is set to acquire an initial eight percent minority stake in Yankee Global Enterprises, the parent company of the New York Yankees, at a valuation exceeding $12bn.Summary of transaction details:Value: $12bnSector: Business ServicesAdvisor: None mentionedKey Entities: Apollo Sports Capital, Yankee Global EnterprisesLocation: New York, USANote: This transaction expands Apollo Sports Capital's expanding portfolio into marquee global sports franchises, leveraging private equity backing to secure strategic stakes in iconic sports and entertainment assets.