Sumitomo, SMBC, Apollo, Brookfield acquire Air Lease Corporation Shutterstock

ALC announces merger with Sumitomo, SMBC, Apollo, Brookfield

Sumitomo Corporation, SMBC Aviation Capital, Apollo, and Brookfield have announced their definitive agreement to acquire Air Lease Corporation (Air Lease), a aircraft lessor founded by Steven F. Udvar-Házy and John L. Plueger, with a portfolio primarily comprising new-technology aircraft. Upon completion, Air Lease will be renamed Sumisho Air Lease, a newly established entity. Apollo and […]

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Apollo Funds has completed the acquisition of Barnes Group © Barnes

Barnes Group acquired by Apollo Funds in US$3.6 billion all-cash deal

Financial

Barnes Group (Barnes), a global provider of highly engineered products, differentiated industrial technologies and innovative solutions, and Apollo, the global alternative asset manager, have announced the completion of the previously disclosed acquisition of Barnes by funds managed by affiliates of Apollo (Apollo Funds). The all-cash transaction carries a total enterprise value of approximately US$3.6 billion.

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SAS remains Apollo’s major charter operations partner in Scandinavia from the summer of 2025 through the summer of 2027 © AirTeamImages

SAS and Apollo sign new agreement worth 4.5 billion SEK

Financial

SAS and Apollo are enhancing their strategic partnership by signing a new three-year agreement valued at 4.5 billion SEK (US$420 million). This agreement designates SAS as Apollo’s primary charter operations partner in Scandinavia from the summer of 2025 through the summer of 2027. In the spring of 2021, SAS and Apollo entered into a record-sized

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Air France-KLM and Apollo sign €1.3 billion financing agreement

Financial

Air France-KLM and Apollo Global Management have signed a definitive agreement between Apollo-managed funds and entities and a dedicated operating affiliate of Air France-KLM regarding a €1.3 billion financing, accounted as quasi-equity under IFRS, with the option for Apollo to increase the nominal amount up to €1.5 billion in total, prior to closing. This dedicated

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Air France-KLM and Apollo Global Management sign agreement for €500 million quasi-equity financing

Financial

Air France-KLM and Apollo Global Management have signed a definitive agreement for Apollo-managed funds and entities (Apollo) to raise a €500 million (£431 million) financing into an operating affiliate of Air France that will own a pool of components dedicated to Air France’s Engineering and Maintenance activities. Under this agreement and subject to customary closing

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Air France-KLM and Apollo in talks over €500million cash injection

Financial

Air France-KLM has confirmed it has been in discussions with Apollo Global Management (Apollo), the private equity firm, for a second capital injection of €500 million, this time for one of its engineering maintenance units. According to the European carrier, the money will be allocated for general corporate purposes and that no workforce-related changes would

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ALC announces merger with Sumitomo, SMBC, Apollo, Brookfield

Barnes Group acquired by Apollo Funds in US$3.6 billion all-cash deal

SAS and Apollo sign new agreement worth 4.5 billion SEK

Air France-KLM and Apollo sign €1.3 billion financing agreement

Air France-KLM and Apollo Global Management sign agreement for €500 million quasi-equity financing

Air France-KLM and Apollo in talks over €500million cash injection

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