Market Chatter: Apollo Finalizing Deal to Buy Nearly 10% Stake in Abu Dhabi-Backed Mubadala Capital
MT newswire2026/10/26 11:48Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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07:48 AM EDT, 10/26/2026 (MT Newswires) -- Apollo Global Management Inc (APO) is closing in on a deal to buy a stake of almost 10% in Mubadala Capital, the alternative asset manager of Mubadala Investment Company, Abu Dhabi's sovereign wealth fund, CNBC reported, citing people familiar with the matter. Financial terms were not immediately known, but the deal is expected to be announced later Monday morning, the report said, citing the people. Apollo did not 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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