Announced
Completed
Financials
Tags
Public
Acquisition
Privatisation
vehicle components
United States
Auto Parts
Majority
Private Equity
automotive components
Domestic
Single Bidder
auto parts
Friendly
Completed
Synopsis
Apollo Global Management, an American global alternative investment management firm, completed the acquisition Tenneco, an American automotive components original equipment manufacturer, for $7.1bn. “We are excited for Tenneco to enter this exciting next chapter with Apollo and together see compelling opportunities to accelerate Tenneco’s growth trajectory and enhance operations. I look forward to leading the talented team at Tenneco and serving our customers and partners around the world," Jim Voss, Tenneco CEO.
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