UK's Bodycote confirms $2.04 billion buyout proposal from Apollo

Apollo Global Management Inc

Apollo Global Management Inc

APO

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- Britain's Bodycote BOY.L on Friday said it received a conditional proposal from Apollo APO.N for a possible all-cash offer, valuing the thermal processing services provider at about £1.52 billion ($2.04 billion).

($1 = 0.7450 pounds)