Apollo sells Kelvion to SLB for approximately $4.1 billion
The transaction includes roughly $3.4 billion in cash plus $0.7 billion in assumed debt, with regulatory approvals required before closing in early 2027.
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Asset manager, capital provider, and retirement solutions
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In short: Apollo reported record Q2 2026 earnings with $1.05 trillion in assets under management and finalized a $7.7 billion EasyJet acquisition.
The transaction includes roughly $3.4 billion in cash plus $0.7 billion in assumed debt, with regulatory approvals required before closing in early 2027.
The capital will fund the expansion of American natural gas and energy transport networks.
The transaction values the private aviation infrastructure platform at nearly $10 billion while KKR remains a substantial shareholder in the company.
Funds support offshore wind, nuclear energy, and grid investments across the continent with tens of billions in financing. Finance: 1
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