Market Chatter: Apollo Close to Buying Kelvion From Triton

MT Newswires Live
Aug 12, 2025

Apollo Global Management Inc (APO) is nearing a deal to acquire cooling equipment maker Kelvion from Triton, Bloomberg reported Monday, citing people familiar with the matter.

Apollo and Triton are working toward finalizing the details of a transaction, which may be announced in the coming days, the report said.

Apollo didn't immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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