Apollo Funds Complete the Acquisition of The Venetian Resort Las Vegas and Venetian Expo Operating Companies
NEW YORK, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE:APO) (together with its consolidated subsidiaries, "Apollo") today announced that funds managed by its affiliates (the "Apollo Funds") have completed the acquisition of the operations of The Venetian Resort Las Vegas and the Venetian Expo in Las Vegas ("The Venetian") from Las Vegas Sands Corp. (NYSE:LVS) for approximately $2.25 billion. The agreement to acquire the iconic Las Vegas property was announced March 2021. "We're thrilled to complete the acquisition of The Venetian, a premier Las Vegas resort that's backed by a world-class team," said David Sambur, Apollo Partner and Co-Head of Private Equity. "Ove
