Apollo said to weigh Tenneco India IPO at $2 billion valuation

Apollo said to weigh Tenneco India IPO at  billion valuation

Apollo Global Management Inc. is considering listing auto-parts supplier Tenneco Inc.’s India business, people familiar with the matter said, joining others that have done or plan initial public offerings of their units in the world’s most populous country. The US alternative asset manager is speaking with prospective arrangers about an IPO that could take place … Read more

PE firm Apollo eyes $9.5 billion stake in Seven & i’s buyout

PE firm Apollo eyes .5 billion stake in Seven & i’s buyout

Apollo Global Management Inc. is considering taking a substantial stake in a bid by Seven & i’s founding Ito family to take the Japanese convenience store operator private, people familiar with the matter said. The US private equity giant is discussing a commitment of as much as ¥1.5 trillion ($9.5 billion) for an equity stake … Read more