Private equity firm Apollo invests $700m in Sony Music Group for capital solution and business execution.
Private equity firm Apollo has invested $700 million in Sony Music Group, providing a capital solution for the music company and enabling its clients to invest in high-grade alternatives. This move highlights the growing appeal of the music industry as an alternative asset, as investors search beyond traditional stocks and bonds. The deal allows Sony to execute its business plans.
July 26, 2024
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