Apollo Funds (APO) to Acquire Majority Control of ABC Technologies Holdings Inc.
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Apollo Funds to Acquire Majority Control of ABC Technologies Holdings Inc.
April 13, 2021 8:30 AM EDTInvestment Underscores the Companys Leading Position in Automotive Plastics
Apollo Funds Show Conviction in ABC as Platform for Consolidation and Growth
TORONTO--(BUSINESS WIRE)-- ABC Technologies Holdings Inc. (TSX: ABCT) (ABC Technologies, ABC or the Company) announced today that its majority shareholder, ABC Group Canada LP (ABC LP), an affiliate of funds managed by Cerberus Capital Management, L.P., (Cerberus) has entered into a share purchase agreement (the Agreement), with certain funds (the Apollo Funds) managed by affiliates... More
