Tag: Apollo

ADNOC signs $5.5 billion real estate deal with Apollo-led consortium

DUBAI:Abu Dhabi National Oil Company (ADNOC) said on Wednesday it had entered into a $5.5 billion real estate investment partnership with a consortium led by Apollo Global Management Inc (APO.N). ADNOC said in a statement that the transaction will result in upfront proceeds of $2.7 billion to ADNOC and is expected to close before year-end. […]

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