Apollo Global Management announced an agreement to acquire Nippon Sheet Glass Co. Ltd. (NSG), a major global glass manufacturer, for nearly $3.7 billion. This marks Apollo's largest private equity investment in Japan, aiming to strengthen NSG's financial position and support growth in energy-efficient and advanced glass products. The deal requires shareholder and regulatory approval, with closing expected by March 2027. Apollo plans to leverage NSG's global footprint and customer base to accelerate innovation and expansion in architectural, automotive, and solar glass markets.
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...
