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Announced

Apollo to invest €500m in Air France-KLM.

Financials

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Transaction Value£427m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Airlines

airlines

France

Acquisition

Minority

Public

Private Equity

Cross Border

Pending

Friendly

Single Bidder

Synopsis

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Apollo, an American global private equity firm, agreed to invest €500m in Air France-KLM, a Franco-Dutch airline holding company. “Apollo is pleased to continue to serve as a long-term strategic capital partner to Air France-KLM, indicative of our ability to provide custom capital solutions like this to some of the world’s leading companies. This transaction will help Air France-KLM execute on its strategy through a highly attractive investment. Our ability to structure creative, scaled solutions at a wide range of capital costs differentiates us from many other platforms and provides attractive investment opportunities for both affiliated and third-party insurers as well as other institutional clients,” Jamshid Ehsani, Apollo Partner.

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