Private equity firm Apollo takes a majority stake in Atlantic Aviation, a leading fixed-base operator in the aviation services sector.
Apollo Global Management has acquired a controlling stake in Atlantic Aviation from KKR for $10 billion. The transaction marks a significant shift in ownership for the aviation services provider.
Further details regarding the deal structure or financing were not immediately available.
Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.
More from Priya Anand →
