Apollo Global Management in Talks to Acquire Barnes Group for Over $45 per Share – Reuters

Apollo Global Management is reportedly in negotiations to acquire Barnes Group for over $45 per share, according to sources familiar with the matter. This potential deal highlights Apollo’s ongoing interest in expanding its portfolio within the industrial sector. The discussions are still in the early stages, and there is no guarantee that an agreement will be reached.

Barnes Group, a manufacturer of engineered products and industrial components, has been exploring strategic options to enhance its market position. The acquisition by Apollo could provide the company with additional resources for growth and innovation in the competitive manufacturing landscape.

As negotiations continue, both parties remain cautious, and market observers are keeping a close watch on developments surrounding this potential transaction.