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Buyout firm specializing in distressed companies invests $1.75 billion in Albertsons

May 23, 2020/

Albertson's

The investment by Apollo Global Management gives the New York City buyout company and other investors a 17.5% stake in the company through convertible preferred shares.

“Apollo Funds represents a vote of confidence in both our business and our long-term strategy,” Albertsons CEO Vivek Sankaran


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