Apollo Buying Majority Stake In Panasonic Auto At $2B Value

By Al Barbarino (March 29, 2024, 12:40 PM EDT) -- Paul Weiss-led Apollo Global Management said Friday it has agreed to buy a majority stake in Panasonic Automotive Systems Corp. from Japan's Panasonic Holdings Corp., in a transaction with a total enterprise value of 311 billion yen ($2.06 billion)....

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