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Apollo To Buy Nippon Sheet Glass Company For $3.7 Bln

APO
M&A & RestructuringPrivate Markets & VentureCompany FundamentalsManagement & Governance

Apollo-managed funds agreed to acquire Nippon Sheet Glass for nearly $3.7 billion. The deal is a private-equity buyout of the Japanese glass maker and will materially change the company's ownership and valuation. This transaction highlights ongoing PE activity in industrials and may boost near-term shareholder value for the target.

Analysis

Apollo-managed funds agreed to acquire Nippon Sheet Glass for nearly $3.7 billion. The deal is a private-equity buyout of the Japanese glass maker and will materially change the company's ownership and valuation. This transaction highlights ongoing PE activity in industrials and may boost near-term shareholder value for the target.

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