Apollo Funds to acquire majority stake in Panasonic Automotive Systems for ¥311 billion

Apollo-managed funds agreed to acquire a majority stake in Panasonic Automotive Systems from Panasonic Holdings at a total enterprise value of ¥311 billion. Panasonic will retain a minority stake.

“Apollo Funds have entered into a definitive agreement to acquire a majority stake in Panasonic Automotive Systems Corporation.”globenewswire.com

• 1 source
• globenewswire.comApollo Funds Announce Strategic Partnership with PanasonicApollo Global Management, Inc.Mar 29, 2024

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