Apollo Global Management’s managed funds agreed to buy a 40% stake in Pembina Gas Infrastructure Inc. from KKR-managed funds. The transaction highlights continued private-market asset rotation in Canadian gas infrastructure, but the article provides no valuation or financial terms. The news is constructive for deal activity, though likely limited in immediate market impact.
Apollo Global Management’s managed funds agreed to buy a 40% stake in Pembina Gas Infrastructure Inc. from KKR-managed funds. The transaction highlights continued private-market asset rotation in Canadian gas infrastructure, but the article provides no valuation or financial terms. The news is constructive for deal activity, though likely limited in immediate market impact.
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