Apollo Global Management LLC (APO) dropped 0.80% to $17.33 on the month since the company was rumored to acquire The Fresh Market Inc, a specialty grocery retailer in the U.S., in the second quarter this year. The deal is based on $28.50 price per share for a total of $1.36 billion in cash. Both companies appear pleased to new-terms ownership.
Dorian LPG Ltd (LPG) gained 7% to $10.18 in the past five days and jumped 18% on the month since the liquids container shipping company announced favorable third-quarter profit results on February 9. Dorian has entered the Chinese market whereby the company jointly with Helios LPG Pool LLC operates eight propane dehydrogenation containers.
Government Properties Income Trust (GOV) gained 4.8% to $17.84 on the month as the rental services company benefits from long-term government tenants. The company boasts a 93% occupancy rate much due to pre-payments and the clients’ secured income. Low interest rates should add strength to the company’s equity value.