Apollo-backed Athene in secondary share sale
Athene Holding, a Bermuda-based life insurer and reinsurer, has
launched a new share sale three weeks after an earlier
offering.
Select shareholders of Athene are offloading 16.2 million common
shares - around 16 percent of outstanding Athene stock -
collectively valued at $791mn at closing price on 5 June.
There is also a 30-day option to purchase up to an additional
2.43 million common shares from the select selling shareholders at
the offering price, less the underwriting discount.
Athene wil
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