Since buying Springleaf, Fortress has turned its $124 million investment into a stake valued at $1.9 billion.
Summit Partners, a private equity firm, acquired a 20percentt stake, valuing the company at about $1 billion.
Tony James would withdraw $188.5 million and retain a 4.9-per-cent4.9-per-cent4.9-per-centhan $1.6 billion.
The stake, valued at $325 million, would make the bank CheckFree's largest shareholder.
Intesa Sanpaolo, Italy's biggest bank, recently paid €100m for a 5% stake, valuing the firm at €2 billion.
Under the terms of the proposed transaction, Alibaba will buy back the stake, valued at about $7.1 billion.
succeeds, Apollo will still own about 48 percent of the company with a stake valued at about $1.6 billion.
Two weeks ago, the French oil and gas giant, Total, said a Chinese entity had accumulated a 1.4percentt stake, valued at about $1.5 billion, in the company.
The company, which transmits telephone calls and data for business customers, will give up a 33percentt stake valued at $1.13 billion while shedding debt paying 9percentt interest.
Peterson would withdraw $1.9 billion, to be placed in a charitable trust, and would retain just a four-per-cent stake, valued at $1.3 billion.
