AION Capital Management Ltd, a joint venture between ICICI Bank Ltd and Apollo Global Management, has applied for a licence to form an asset reconstruction company (ARC), two people aware of the development said. “The application was made to Reserve Bank of India (RBI) sometime in the last week of… Read more »
Search Results for: apollo
According to PERE, Apollo has so far raised about $300 million, which is a half way of its target for the fund.
Goldman Sachs Group Inc. and Apollo Asia Sprint Holding Co. will invest 8.4 billion baht ($235 million) in a real estate development that includes Thailand’s tallest skyscraper. The proposed investment — a $216 million equity injection and $18.8 million of financing — is expected to be completed within February 2017… Read more »
Apollo Health and Lifestyle Ltd (AHLL) has raised $67 million for a 29 per cent equity stake from International Finance Corporation (IFC), the private lending arm of the World Bank, according to a press statement. “IFC along with its associated entity has has made a primary equity infusion of Rs… Read more »
Apollo Tyres is competing with Chinese rivals to acquire South Korea’s Kumho Tire, while AXA’s Chinese arm is in talks to acquire majority stake of 51 per cent in commercial vehicles manufacturer Asia MotorWorks (AMW). Apollo Tyres competes with Chinese rivals to acquire South Korea’s Kumho Tire India’s Apollo Tyres is one of the… Read more »
A long-awaited deal for miner Anglo American (AAL.L) to sell its Australian coal assets to a consortium headed by private equity group Apollo Global Management (APO.N) is off, two sources with knowledge of the matter said on Tuesday. Three sources said in October the deal was expected, although one had… Read more »
Selling assets has taken longer than expected as a strong recovery in coal and other commodities this year has reduced pressure on miners to sell, while increasing pressure from shareholders to achieve the best price.
Global alternative asset manager Apollo Global Management Llc and realty firm Salarpuria Sattva Group have formed a joint venture to buy out 100% stake in two projects, in Bengaluru and Vadodara, from a consortium of offshore investors for Rs.275 crore. The investment, done through Apollo Asia RE Singapore Pte Ltd… Read more »
The objective of the collaboration will be to streamline the operations of borrowers, facilitate deleveraging and arrange additional funding on a case-by-case basis
The investment has been made from the new Asia fund that Apollo Global is currently raising to deploy capital in India, China and south-east Asia.