Greensill Capital Close to Collapse After Athene Calls Off Deal
- Deal collapsed after tech partner secured other funding
- End of talks leaves Greensill without obvious buyer for firm
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Athene Holding Ltd. has called off plans to buy a part of Greensill Capital’s business, leaving the firm close to collapse.
Talks between Athene, an annuity seller backed by Apollo Global Management Inc., and Greensill were called off on Friday, after more than two weeks of negotiations, according to two people familiar with the matter.