Business
Apollo Funds to Acquire 40% Interest in Pembina Gas Infrastructure
Strategic Transaction to Support One of Canada’s Largest Natural Gas Processing Platforms in Next Phase of GrowthNEW YORK and CALGARY, Alberta, April 23, 2026 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that Apollo-managed funds (“Apollo Funds”) have agreed to acquire a 40% stake in Pembina Gas Infrastructure Inc. (“PGI” or the “Company”), a premier gas processing entity in Western Canada, from funds managed by KKR. Pembina Pipeline Corporation (“Pembina”) (TSX: PPL; NYSE: PBA), which
About this update from Apollo Global Management, Inc. (new)
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