Apollo Global Management, Inc. (APO) said that its Apollo-managed funds have inked deals to acquire Nippon Sheet Glass Company, Limited (NPSGF,5202.T), a Japanese glass maker, for nearly $3.7 billion.
Under the terms, Apollo Funds will invest equity to support the company's financial position and long-term growth. With Apollo Funds' investment and strategic support, Nippon Sheet Glass Company will be able to accelerate growth initiatives and invest in future technologies.
The transaction is expected to be closed by around March 2027.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.