IN BRIEF: APQ shares dive as US sparks "very challenging" environment
7th Feb 2025 11:27
APQ Global Ltd - private equity investor focused on emerging markets - Says the new US administration "has taken the sledgehammer to international aid and foreign assistance more broadly." Adds that the immediate cashflow implications are manageable for Delphos, the core driver of its performance, but highlights that the environment is "very challenging". APQ expects to meet its obligation to repay a convertible unsecured loan stock as it engages in talks with multiple parties for a full or partial refinancing. The firm expects to publish its book value as of December 31 by the end of February. Read More