Apollo funds agree to buy 40% stake in Pembina Gas Infrastructure from KKR

Apollo Global Management Inc

Apollo Global Management Inc

APO

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  • Apollo-managed funds agreed to buy 40% stake in Pembina Gas Infrastructure from KKR-managed funds.
  • Pembina Pipeline will retain 60% stake; governance structure will remain unchanged.
  • Deal is expected to close by end of Q2 2026, subject to customary conditions.
  • Pembina Gas Infrastructure has about 5 billion cubic feet per day of gas processing capacity.


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