Apollo has announced its acquisition of a majority stake in Panasonic Automotive Systems Corporation, a leader in automotive innovation.
![PHOTO: Apollo Management](https://krugmaninsights.com/wp-content/uploads/2024/04/Apollo-2-1-1024x629.webp)
This strategic move, involving Apollo-managed funds, positions Apollo at the forefront of the automotive industry, with the transaction valued at an enterprise value of