Athene shareholders raise $794mn in share sale

Shareholders in Apollo-backed Athene have sold about $793.8mn worth
of stock in a secondary offering, which was launched less than
three months after an earlier sale that raised more than $1.3bn.
The Bermuda-based company said 16.2 million shares changed hands
at $49.00 apiece, which was 1.2 percent below Tuesday's closing
price of $49.59. Underwriters have the option to purchase up to
2.43 million more shares at the same $49.00 price over the next 30
days.
Athene did not name the...