Brief: Apollo Funds Announce Strategic Partnership With Panasonic Automotive Systems
29/03/2024 07:54
March 29 (Reuters) - APOLLO GLOBAL MANAGEMENT:
* APOLLO FUNDS ANNOUNCE STRATEGIC PARTNERSHIP WITH PANASONIC
AUTOMOTIVE SYSTEMS, A LEADING GLOBAL SUPPLIER OF ADVANCED
IN-VEHICLE TECHNOLOGIES
* APOLLO- TRANSACTION VALUED AT A TOTAL ENTERPRISE VALUE OF
¥311
BILLION
* APOLLO- PANASONIC WILL RETAIN A MINORITY STAKE IN COMPANY,
WHICH
WILL MAINTAIN ITS STRATEGIC RELATIONSHIP WITH PANASONIC GROUP
Source text for Eikon: ID:nGNX2DwRdh
Further company coverage: APO.N
((Reuters.Briefs@thomsonreuters.com;;))
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