Onex sells Emerald to Apollo Funds for $1.5B, making Emerald a private company.

Onex Partners announced the sale of its over 90% stake in Emerald Holding Inc., a leading U.S. B2B event organizer, to Apollo-managed funds for approximately $1.5 billion. Following the transaction, Emerald will be delisted from the New York Stock Exchange and become a private company under Apollo's ownership. The deal is expected to close in the second half of 2026, pending regulatory approval. This move allows Emerald to pursue growth opportunities with Apollo's backing.