Under the deal terms, each class A common share of Athene will be exchanged for a fixed ratio of 1.149
Athene to merge with Apollo in $11bn all-stock deal
![Apollo Athene logos on Solow Building exterior.jpg](https://assets.euromoneydigital.com/dims4/default/0407d4c/2147483647/strip/true/crop/700x410+0+0/resize/840x492!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F9a%2F98%2Fbe23f14d4b4693bdf51a67afc2e4%2Fapollo-athene-logos-on-solow-building-exterior.jpg)
Under the deal terms, each class A common share of Athene will be exchanged for a fixed ratio of 1.149