Ares Management Completes Investment in Plenitude
Core Insights - Ares Management Corporation has acquired a 20% stake in Plenitude for €2 billion, reflecting an implied enterprise value of over €12 billion [1] Group 1: Acquisition Details - The acquisition was made by Ares Alternative Credit funds and other affiliated Ares funds [1] - The transaction highlights Ares Management's capability to provide flexible capital solutions [1]