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Funds managed by Apollo affiliates to buy a Mitsubishi Chemicals unit By Reuters



© Reuters. FILE PHOTO: Marc Rowan, co-founder and then-senior managing director, Apollo World Administration, takes half in a panel dialogue Beverly Hills, California April 29, 2014. REUTERS/Kevork Djansezian/File Picture

(Reuters) – U.S. non-public fairness agency Apollo World Administration (NYSE:) mentioned funds managed by its associates entered a deal to purchase the Thermal and Emission Management Supplies enterprise of Japan’s superior supplies producer Mitsubishi Chemical Company.

The deal, which is anticipated to shut by March 20222, marks Apollo’s second non-public fairness fund funding in Japan, it mentioned in an announcement with out disclosing any monetary particulars.

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