Apollo to invest in Tenneco.

Apollo, a private equity firm, agreed to invest in Tenneco, a designer, manufacturer, and marketer of automotive products. Financial terms were not disclosed. “Over the past two years, we have built an incredible company with a culture rooted in safety, financial performance, and operational excellence. With Apollo’s continued support and belief in Tenneco’s long-term potential, this investment enables us to execute more strategically as we deliver on our purpose of being the best partner and world’s best manufacturer and distributor in the transportation industry,” Jim Voss, Tenneco CEO.