Apollo Global Management acquires Tenneco for USD7.1 billion

News
M&A

The New York asset management firm intends to take Tenneco private and invest across its high-growth product platforms.

US automotive OEM components and aftermarket ride control and emission products manufacturer Tenneco announced via press release on 23 February that it had entered into a definitive agreement to be acquired by New York–based global asset management firm Apollo Funds in an all-cash transaction valued at USD7.1 billion.

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload