Apollo Global Management is close to acquiring the automotive interiors division of Forvia SE in a deal valued at approximately €1.4bn ($1.6bn), according to a report by Bloomberg citing unnamed people familiar with the discussions.
The transaction is not yet finalised and remains subject to change, the people said, noting that talks are ongoing and could still break down. Apollo and Forvia both reportedly declined to comment.
Forvia’s interiors business produces components such as door panels a...
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