Apollo Global Management (APO) said Monday it has agreed to acquire Argo Infrastructure Partners in a stock-and-cash deal.
Details of the transaction were not available, but Apollo said the deal will add about $6 billion in assets to Apollo's infrastructure platform and is expected to be modestly accretive to fee-related earnings in 2026.
The transaction is expected to close in Q2 and Argo will operate under Apollo's Sustainability and Infrastructure group, the company said.
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