PAI Partners Weighs Sale of Apleona Group for €4Bn

PAI Partners Weighs Sale of Apleona Group for €4Bn

PAI Partners is exploring a sale of Apleona Group GmbH that could value the German facilities manager at about €4bn ($4.3bn), people with knowledge of the matter said. The private equity firm is speaking with potential advisers as it prepares to gauge buyer interest...
Apollo to get an investment worth $150m from KIC

Apollo to get an investment worth $150m from KIC

South Korea’s sovereign wealth fund, Korea Investment Corporation (KIC), is set to invest $150m in Apollo Global Management, the world’s second-largest private equity firm. As global funds seek alternative markets for investments and fundraising due to restrictions in...
KKR Completes ~$240m Investment in Reliance Retail

KKR Completes ~$240m Investment in Reliance Retail

Reliance Retail Ventures Ltd, the retail arm of Reliance Industries, has received the full subscription amount of $240m from the global investment firm KKR and has allotted 17.1m equity shares. Following the share allotment, KKR’s shareholding in Reliance Retail...