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Report: Apollo Global mulling Presidio IPO

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Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory

Report: Apollo Global mulling Presidio IPO

Apollo GlobalManagement LLC is contemplating an IPO of Presidio Holdings Inc., The Wall Street Journal reported,citing "people familiar with the matter."

New York-based Presidio isan IT infrastructure solutions provider assistingbusinesses in designing, buying and managing data storage, videoconferencing,and other technology services. Apollo Global acquired Presidio from American Securities LLC in February 2015.

The company is planning tointerview bankers in the week of July 25 for a potential IPO that could value Presidioat more than $2 billion, including debt,sources told the WSJ.