Apollo to Buy Nearly 10% Stake in Abu Dhabi-Backed Mubadala Capital

Apollo Global Management is finalising the purchase of an almost 10% stake in Mubadala Capital, the Abu Dhabi‑backed alternative‑asset manager, with the deal expected to be announced Monday morning. Mubadala Capital, part of Mubadala Investment Company, oversees over $755 billion in assets.

Source: Apollo to Buy Nearly 10% Stake in Abu Dhabi-Backed Mubadala Capital — CNBC

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Topics: apollo · mubadala · abudhabi · privateequity · investment · finance