Catalina confirms Apollo majority stake investment

Legacy heavyweight Catalina today confirmed global investment
firm Apollo Global Management has agreed to acquire a majority
shareholding in the firm.
This publicationfirst revealed yesterday that Apollo was looking to make an
additional investment in Catalina to bring it up to a majority
stake.
Catalina said that its existing backers Caisse de
dépôt et placement du Québec (CDPQ) and Ontario
Teachers' Pension Plan would exit as part of the additional
investment from Apollo.
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