Apollo Global Management Near Agreement to Acquire 10% Stake in Mubadala Capital
Apollo Global Management (APO) is reportedly finalizing a deal to acquire a 10% stake in Mubadala Capital. The announcement of this transaction is expected as early as Monday, according to reports from CNBC. The move strengthens Apollo's long-standing presence in Abu Dhabi, where the firm has maintained operations for 15 years. This strategic investment signals deepening ties between major U.S. alternative asset managers and Middle Eastern sovereign wealth-linked entities.
Tickers: $APO
Topics: Abu Dhabi Private Equity Strategic Investment
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Part of the story Apollo Global Management Finalizing Acquisition of 10% Stake in Mubadala Capital (2 articles)