Apollo takes minority stake in Aldar Properties real estate platform

Apollo Global Management Inc (APO.N), a manager of alternative assets, has acquired a minority stake in a subsidiary of Abu Dhabi developer Aldar Properties (ALDAR.AD), the companies said, part of a larger deal announced in February. Apollo, through its managed investment vehicles, has taken an 11.1% stake in Aldar Investment Properties (AIP), the developer’s real […]

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