Apollo Global Management Teams Up With PGGM to Buy Akzo Nobel Division -FT
12 2월 2018 - 9:17PM
Dow Jones News
--U.S. private equity giant Apollo Global Management LLC (APO)
has teamed up with PGGM, one of the Netherlands' largest pension
funds, as co-investors to buy a piece of Akzo Nobel's business as
it looks to position itself as a viable Dutch option in a
fiercely-contested auction, the Financial Times reports.
--If successful, PGGM will be a minority co-investor alongside
Apollo, which has already teamed up with German chemical maker
business Lanxess AG (LXS.XE) in a bid to demonstrate its expertise
in the area, the FT reports.
Full story: http://on.ft.com/2BTUZV6
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(END) Dow Jones Newswires
February 12, 2018 07:02 ET (12:02 GMT)
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