Apollo Global Management Drops $400 Million for a Stake in Aldar Investment Properties
Posted on 08/17/2022
Apollo Global Management acquired a 1.46 billion AED (US$ 400 million) strategic equity stake in Aldar Investment Properties, a subsidiary of Abu Dhabi’s biggest listed developer Aldar Properties. Apollo through its managed investment vehicles got an 11.1% minority stake in AIP. The acquisition is part of the previously announced US$ 1.4 billion investment by Apollo…
