It had to pump additional equity into the company a year after the buyout closed and years later, when it sold the last of its investment, it had chalked up a $700 million loss.
Giant insurer AIG (57, AIG) is lower than it was one, three, five or even eight years ago back when it sold for 40 times earnings.
Apollo attributed its weaker results to lower income from its mainstay private equity funds, compared with the year-ago period, when it sold Hughes Communications, the satellite Internet company.
Perhaps more tellingly, Texas Instruments, a leading vendor of radio tags, hung on to that fast-growing $120 million-a-year segment of its business when it sold the rest of its sensors and controls operation in January for $3 billion.
But even the 500,000 estimate would mean that the Kindle is outpacing iPod unit sales in the iPod's first full year on the market, when it sold only 378,000 units.
Abbey began to pull out of France last year when it sold its Royale St Georges Banque.
For example, the company reaped $1.4 billion last year when it sold its stake in PaineWebber, and it used that gain to offset the charges from closing Montgomery Ward.
Feldschlösschen was Switzerland's biggest brewing company until last year, when it sold its brewing operations to Carlsberg of Denmark and a smaller competitor to concentrate on its real estate portfolio.
Mr. Brock said the decision to buy the Triarc brands reflected the company's strategy, although some industry experts thought Cadbury was backing away from the beverage business last year when it sold its brands in much of the world to Coca-Cola for $1.3 billion.
The move is a return to the UK for Netto, which ended a 14-year presence here in 2010 when it sold up to Asda.
