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Tuesday, July 30, 2024

APOLLO INJECTS SONY MUSIC WITH $700M

Asset-management firm Apollo announced on 7/26 that it has provided $700m in capital to Sony Music "for investments in the music industry."

“We are pleased to provide a bespoke-capital solution to an affiliate of one of the world’s leading companies,” said Apollo partner Jamshid Ehsani. “This investment allows our clients to invest in high-grade securities while helping Sony execute its business plans.”

TAGS: Sony Music | Apollo | wall street
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