Apollo Global looks to sell Hispanic food chain Heritage Grocers Group - report (APO:NYSE)

Core Viewpoint - Apollo Global Management is considering the sale of its struggling Hispanic grocery chain, Heritage Grocers Group, with an estimated deal value of approximately $1.5 billion [4] Company Summary - Apollo Global Management is a private equity firm actively engaged in the sale process of Heritage Grocers Group [4] - Heritage Grocers Group is identified as a cash-strapped grocery chain, indicating financial challenges that may have prompted the sale [4] Financial Implications - The potential sale of Heritage Grocers Group could yield around $1.5 billion, reflecting the firm's strategy to divest from underperforming assets [4]