Apollo Exits as IDP Education Substantial Holder

IDP Education Ltd. (AU:IEL) has released an update.

Apollo Global Management, Inc., along with its associated entities, has ceased to be a substantial holder in IDP Education Limited, relinquishing interest in 29,619,572 ordinary shares as of September 9, 2024. This marks a significant change in the company’s shareholding structure, with no associates being affected by this shift. The announcement indicates a realignment in Apollo’s investment portfolio, potentially impacting IDP Education’s stock dynamics.

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