Apollo Global Management Inc is reportedly close to acquiring Atlantic Aviation from fellow private equity firm KKR & Co, in a deal that could value the US private jet services provider at nearly $10bn, according to a report by Bloomberg.
The reports cites unnamed sources familiar with the matter as highlighting that the investment would see Apollo partnering with Singapore’s sovereign wealth fund, GIC Pte, to take a majority stake, while KKR plans to inject additional capital to maintain a...
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