Apollo Agrees $3.7bn Deal to Rescue Japanese Glassmaker NSG

US fund Apollo has agreed to its largest deal in Japan, a $3.7 billion rescue of glassmaker NSG, aiming to resolve an existing M&A loan and stabilize the company's financial position.

24 Mar, 06:12 — 24 Mar, 06:12

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FTVery High15d ago

Apollo agrees biggest Japan deal in $3.7bn rescue of glassmaker NSG

Japanese manufacturer has struggled since swooping for UK rival Pilkington two decades ago

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First report: nikkei-asia · 23 Mar, 07:04|Full coverage: 2 · 23h|Window: 23h

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nikkei-asia23 Mar, 07:04First to report

US fund Apollo aims to acquire Japan glassmaker to save it from old M&A loan - Nikkei Asia

23h later

FT24 Mar, 06:12Latest update

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Apollo Agrees $3.7bn Deal to Rescue Japanese Glassmaker NSG

Sources

Apollo agrees biggest Japan deal in $3.7bn rescue of glassmaker NSG

Coverage Timeline

US fund Apollo aims to acquire Japan glassmaker to save it from old M&A loan - Nikkei Asia

Apollo agrees biggest Japan deal in $3.7bn rescue of glassmaker NSG

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