Stock Groups

Funds managed by Apollo affiliates to buy a Mitsubishi Chemicals unit By Reuters

[ad_1]

© Reuters. FILE PHOTO Marc Rowan (co-founder, then-senior management director at Apollo Global Management) participates in a panel discussion Beverly Hills on April 29, 2014. REUTERS/Kevork Djansezian/File Photo

(Reuters) – U.S. private equity firm Apollo Global Management (NYSE:) said funds managed by its affiliates entered a deal to buy the Thermal and Emission Control Materials business of Japan’s advanced materials producer Mitsubishi Chemical Corporation.

It is Apollo’s second investment in Japan by a private equity fund. The transaction will close in March 20222.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. CFDs include futures, stocks, indexes and Forex. Prices are provided not by the exchanges. They are provided by market makers. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.



[ad_2]