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Barnes Set to be Acquired by Apollo Funds for $3.6 Billion
BBarnes (B) ZACKS·2024-10-08 14:45

Barnes Group Inc. (B) recently entered into an agreement to be acquired by funds managed by affiliates of Apollo Global Management, Inc. (APO) . The all-cash deal is valued at $3.6 billion.Based in the United States, Apollo Global focuses on investments across credit, private equity, infrastructure, secondaries and real estate markets. The firm targets private and public markets with diverse private equity strategies, including buyouts, distressed assets and corporate restructuring.Per the deal, Barnes shar ...