TOKYO -- U.S. investment fund Apollo Global Management is set to purchase aluminum assets from Japanese materials producer Showa Denko in a deal expected to top 50 billion yen ($482 million), Nikkei has learned.
Business deals
Apollo to buy Showa Denko's aluminum assets for $480m
US asset manager's first acquisition in Japan expands materials portfolio
Apollo will acquire Showa Denko's aluminum rolled products and aluminum can divisions. © Reuters
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