Key Takeaways
- • Apollo is taking a minority stake in Abu Dhabi's Mubadala Capital, according to Financial Times reporting.
- • Alternative Credit Investor reported the same transaction under a near-identical headline, confirming the core deal.
- • Stake size, deal value, and closing terms were not disclosed in the available coverage.
Summary
Apollo has agreed to take a minority stake in Mubadala Capital, the Abu Dhabi-based alternative asset manager, according to the Financial Times. The transaction was also reported by Alternative Credit Investor, which framed it as Apollo taking a minority interest in the Abu Dhabi firm.
The available coverage does not specify the size of Apollo's stake, the consideration paid, or the expected timing of completion. Readers seeking those terms should consult the full Financial Times article or subsequent regulatory filings.
The available coverage does not specify the size of Apollo's stake, the consideration paid, or the expected timing of completion. Readers seeking those terms should consult the full Financial Times article or subsequent regulatory filings.
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