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. […]
Apollo, Varde pull out of race for Altico Capital
By Bijou George and Rahul Satija Apollo Global Management LLC and Varde Partners LP are no longer considering bidding for Altico Capital India Ltd., according to people familiar with the matter, narrowing the number of suitors for the troubled shadow lender. The firms pulled out because they were unwilling to meet creditor demands to inject […]