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30 Sept 2021

Funds Managed by Apollo Global Management Affiliates to Buy Chemical Unit

Funds Managed by Apollo Global Management Affiliates to Buy Chemical Unit

The Index Today

U.S private equity firm Apollo Global Management has announced it will closing a deal to buy the Thermal and Emission Control Materials business of Mitsubishi Japan. This will be the second private equity fund in Japan the company has invested in.

Apollo Management said the funds managed by its affiliates will be buying the advanced materials producer Mitsubishi Chemical Corporation. The deal is expected to close March next year.

©Photo: Reuters