Apollo-managed funds will acquire a 40% interest in Pembina Gas Infrastructure Inc. (PGI) from KKR-managed funds, while Pembina Pipeline retains 60% ownership and operational control. PGI is a leading gas processing platform in Western Canada, operating 23 plants and extensive pipeline infrastructure with a capacity of about five billion cubic feet per day. This strategic investment supports PGI's growth in serving key energy markets across Alberta and British Columbia. The deal is expected to close by the end of Q2 2026, positioning Apollo to participate in future development projects alongside Pembina's established operations.
Citigroup downgraded Apollo Global Management's stock from Buy to Reduce due to concerns over a potential economic slowdown and a sharp drop in U.S. private credit lending. Apollo's shares are trading well below their 52-week high, reflecting caution...
Apollo Global Management has finalized the acquisitions of Emerald Holding and Questex, merging two major B2B event and media companies into a single, scaled platform. This integration aims to accelerate growth, enhance innovation, and deliver greate...
