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2021-11-30
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Athene to Buy Stake in Home-Improvement Lender Aqua From Blackstone
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Athene is purchasing from Blackstone, which will maintain a minority stake.</p>\n<p>Apollo Global Management Inc. is in the process of buying the portion of Athene that it doesn’t already own. The asset management firm and Athene have been boosting the loans they make to both consumers and corporations, to help generate investments. Earlier this year, Athene acquired Donlen Corp., a company that finances car fleet leases, from Hertz Global Holdings.</p>\n<p>Aqua Finance is a Wisconsin-based consumer lender that originally specialized in financing homeowners’ water treatment projects, and has since expanded to other kinds of home improvement and related areas. It’s expected to make around $2 billion of loans this year.</p>\n<p>The transaction is expected to close in the first half of next year. Lazard Ltd. and Goldman Sachs Group Inc. are the financial advisers.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Athene to Buy Stake in Home-Improvement Lender Aqua From Blackstone</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAthene to Buy Stake in Home-Improvement Lender Aqua From Blackstone\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-30 07:08 GMT+8 <a href=https://finance.yahoo.com/news/athene-buy-stake-home-improvement-221020234.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Athene Holding Ltd., the insurer, has agreed to acquire a controlling stake in consumer lender Aqua Finance, its latest in a series of deals meant to help it find more unusual kinds of ...</p>\n\n<a href=\"https://finance.yahoo.com/news/athene-buy-stake-home-improvement-221020234.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4162":"人寿与健康保险","ATH":"Athene Holding Ltd"},"source_url":"https://finance.yahoo.com/news/athene-buy-stake-home-improvement-221020234.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2187805309","content_text":"(Bloomberg) -- Athene Holding Ltd., the insurer, has agreed to acquire a controlling stake in consumer lender Aqua Finance, its latest in a series of deals meant to help it find more unusual kinds of debt to invest in.\nThe purchase values Aqua, which essentially lends to consumers that are financing home improvement projects, at around $1 billion. 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