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Apollo Global Management bought the assets of RAC, while Truist Financial sold $5.5 billion in auto loans, leading to layoffs in Pitt County.

1 report, 1 independent Updated Sep 19

AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

Apollo Global Management Truist Financial Pitt County

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The entities involved

Apollo Global Management
American private equity firm
- BP's lubricant business, Castrol, is undergoing an acquisition process attracting bids from Apollo, CD&R, Lone Star, and Reliance.Tue 08:26
- Apollo Global Management announced that it is funding its portfolio companies.Mon 08:38
Truist Financial
American bank holding company, formerly known as BB&T Corporation
- Royal Bank of Canada and Truist Financial lowered price targets for Ardent Health, Inc. on July 14, 2026.03:23
- Multiple financial firms issued rating and price target updates on November 4, 2026.01:04
Pitt County
county in North Carolina, United States
- Raymond Smith is running against Greg Murphy in an election in Pitt County.03:03
- A foundation provided a grant to support park development in Pitt County.Mon 17:56

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Coverage

Newest first; wire copies grouped

Sep 19wsoctv.com