{"success":true,"data":{"pressRelease":{"id":"53023","rtpr_id":"nGNX2Fd9N3","ticker":"APO","exchange":"NYSE","all_tickers":["APO"],"title":"Apollo Funds Complete Sale of ALTEMIRA, Leading Pan-Asian Aluminum Packaging Company","author":"Globe Newswire","published_at":"2026-06-02T23:00:00.103Z","article_body":"TOKYO and NEW YORK, June 03, 2026 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO)\nannounced that Apollo-managed funds (the “Apollo Funds”) completed the\nsale of their interest in ALTEMIRA Holdings Co., Ltd. (“ALTEMIRA” or the\n“Company”), a leading pan-Asian aluminum packaging company, to funds\nmanaged by MBK Partners.\n\nALTEMIRA was established in April 2022, through the combination of the\naluminum can and foil business formerly operated by Showa Denko K.K. (now\nnamed Resonac Holdings Corporation) and the aluminum can and rolled and\nextruded products business of Mitsubishi Materials Corporation. ALTEMIRA is\none of the first successful examples of sponsor-led industry consolidation in\nthe Japanese industrials sector, demonstrating Apollo’s ability to execute a\ncomplex carve-out and support the subsequent transition to a fully\nindependent, standalone enterprise and drive broader transformation and\nindustry consolidation through M&A.\n\nAs a result, ALTEMIRA has emerged as a differentiated platform with scale,\noperating one of the world’s only vertically integrated, closed-loop\naluminum recycling ecosystems—spanning used beverage can collection,\nprocessing, slab casting, rolling into coils and fabrication into beverage\ncans. Apollo Fund’s investment in ALTEMIRA also highlights its role as a\ntrusted partner to Japan’s leading corporations, offering differentiated\nsolutions to help businesses execute their strategic priorities in sectors\nthat have historically been difficult for outside capital to access.\n\nThe transaction follows Apollo Funds’ successful exit of MAFTEC announced in\nJune 2025. Apollo Funds’ private equity investments in Japan include\nPanasonic Automotive Systems and Nippon Sheet Glass (pending closing).\n\nAbout Apollo\nApollo is a high-growth, global alternative asset manager. In our asset\nmanagement business, we seek to provide our clients excess return at every\npoint along the risk-reward spectrum from investment grade credit to private\nequity. For more than three decades, our investing expertise across our fully\nintegrated platform has served the financial return needs of our clients and\nprovided businesses with innovative capital solutions for growth. Through\nAthene, our retirement services business, we specialize in helping clients\nachieve financial security by providing a suite of retirement savings products\nand acting as a solutions provider to institutions. Our patient, creative, and\nknowledgeable approach to investing aligns our clients, businesses we invest\nin, our employees, and the communities we impact, to expand opportunity and\nachieve positive outcomes. As of March 31, 2026, Apollo had approximately\n$1.03 trillion of assets under management. To learn more, please visit\nwww.apollo.com.\n\nContacts\nNoah Gunn\nGlobal Head of Investor Relations\n(212) 822-0540\nIR@apollo.com\n\nJoanna Rose\nGlobal Head of Corporate Communications\n(212) 822-0491\nCommunications@apollo.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/24205df4-cb1e-4a5f-89c1-5ebcc2e59b81)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX2Fd9N3","title":"Apollo Funds Complete Sale of ALTEMIRA, Leading Pan-Asian Aluminum Packaging Company","author":"Globe Newswire","ticker":"APO","created":"2026-06-02T23:00:00.103Z","tickers":["APO"],"exchange":"NYSE","article_body":"TOKYO and NEW YORK, June 03, 2026 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO)\nannounced that Apollo-managed funds (the “Apollo Funds”) completed the\nsale of their interest in ALTEMIRA Holdings Co., Ltd. (“ALTEMIRA” or the\n“Company”), a leading pan-Asian aluminum packaging company, to funds\nmanaged by MBK Partners.\n\nALTEMIRA was established in April 2022, through the combination of the\naluminum can and foil business formerly operated by Showa Denko K.K. (now\nnamed Resonac Holdings Corporation) and the aluminum can and rolled and\nextruded products business of Mitsubishi Materials Corporation. ALTEMIRA is\none of the first successful examples of sponsor-led industry consolidation in\nthe Japanese industrials sector, demonstrating Apollo’s ability to execute a\ncomplex carve-out and support the subsequent transition to a fully\nindependent, standalone enterprise and drive broader transformation and\nindustry consolidation through M&A.\n\nAs a result, ALTEMIRA has emerged as a differentiated platform with scale,\noperating one of the world’s only vertically integrated, closed-loop\naluminum recycling ecosystems—spanning used beverage can collection,\nprocessing, slab casting, rolling into coils and fabrication into beverage\ncans. Apollo Fund’s investment in ALTEMIRA also highlights its role as a\ntrusted partner to Japan’s leading corporations, offering differentiated\nsolutions to help businesses execute their strategic priorities in sectors\nthat have historically been difficult for outside capital to access.\n\nThe transaction follows Apollo Funds’ successful exit of MAFTEC announced in\nJune 2025. Apollo Funds’ private equity investments in Japan include\nPanasonic Automotive Systems and Nippon Sheet Glass (pending closing).\n\nAbout Apollo\nApollo is a high-growth, global alternative asset manager. In our asset\nmanagement business, we seek to provide our clients excess return at every\npoint along the risk-reward spectrum from investment grade credit to private\nequity. For more than three decades, our investing expertise across our fully\nintegrated platform has served the financial return needs of our clients and\nprovided businesses with innovative capital solutions for growth. Through\nAthene, our retirement services business, we specialize in helping clients\nachieve financial security by providing a suite of retirement savings products\nand acting as a solutions provider to institutions. Our patient, creative, and\nknowledgeable approach to investing aligns our clients, businesses we invest\nin, our employees, and the communities we impact, to expand opportunity and\nachieve positive outcomes. As of March 31, 2026, Apollo had approximately\n$1.03 trillion of assets under management. To learn more, please visit\nwww.apollo.com.\n\nContacts\nNoah Gunn\nGlobal Head of Investor Relations\n(212) 822-0540\nIR@apollo.com\n\nJoanna Rose\nGlobal Head of Corporate Communications\n(212) 822-0491\nCommunications@apollo.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/24205df4-cb1e-4a5f-89c1-5ebcc2e59b81)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-06-02T23:00:00.149560984Z","server_sent_at_ms":1780441200149},"received_at":"2026-06-02T23:00:00.224Z","source_url":null},"analysis":{"id":"42456","press_release_id":"53023","analysis_json":{"industry":{"label":"Capital Markets","sector":"Financials"},"redFlags":[],"eventType":"m_and_a","narrative":"Apollo announced the completed sale of its interest in ALTEMIRA, a pan-Asian aluminum packaging company, to funds managed by MBK Partners.\n\nThe transaction marks another successful exit in Apollo’s Japanese private equity portfolio, following the sale of MAFTEC in June 2025.\n\nApollo highlighted the deal as evidence of its ability to execute complex carve-outs and drive industry consolidation in Japan, where it also holds stakes in Panasonic Automotive Systems and Nippon Sheet Glass.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine PE exit in Japan; confirms Apollo’s active management of its Asian portfolio."},"keyFigures":{"customDimensions":{"aum":"$1.03 trillion"}},"quotedText":"ALTEMIRA has emerged as a differentiated platform with scale, operating one of the world’s only vertically integrated, closed-loop aluminum recycling ecosystems","namedEntities":{"people":[{"name":"Noah Gunn","role":"Global Head of Investor Relations"},{"name":"Joanna Rose","role":"Global Head of Corporate Communications"}],"products":[],"companies":[{"name":"Apollo","ticker":"APO","relationship":"filer"},{"name":"ALTEMIRA Holdings Co., Ltd.","relationship":"sold portfolio company"},{"name":"MBK Partners","relationship":"acquirer"},{"name":"Showa Denko K.K.","relationship":"former parent of sold asset"},{"name":"Resonac Holdings Corporation","relationship":"current name of former parent"},{"name":"Mitsubishi Materials Corporation","relationship":"former parent of sold asset"},{"name":"MAFTEC","relationship":"previously exited portfolio company"},{"name":"Panasonic Automotive Systems","relationship":"current portfolio company"},{"name":"Nippon Sheet Glass","relationship":"current portfolio company"},{"name":"Athene","relationship":"subsidiary"}],"dollarAmounts":[{"amount":"$1.03 trillion","context":"Apollo assets under management as of March 31, 2026"}]},"materialImpact":{"score":2,"reasoning":"Apollo completed the sale of a portfolio company (ALTEMIRA) to another PE firm (MBK Partners). This is a routine private equity exit for a non-core asset. While it demonstrates execution capability, it is not a transformative corporate event for Apollo itself, nor does it involve material dilution or earnings surprise."},"tickerRelevance":{"others":[],"primary":"APO"},"globalImportance":25,"audienceRelevance":30,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"large-cap","eventGravity":"portfolio_exit","sectorWeight":"financials","householdBrandBoost":"low","marketCapAdjustment":"neutral"}},"event_type":"m_and_a","event_type_secondary":null,"sentiment":"neutral","material_impact_score":2,"narrative":"Apollo announced the completed sale of its interest in ALTEMIRA, a pan-Asian aluminum packaging company, to funds managed by MBK Partners.\n\nThe transaction marks another successful exit in Apollo’s Japanese private equity portfolio, following the sale of MAFTEC in June 2025.\n\nApollo highlighted the deal as evidence of its ability to execute complex carve-outs and drive industry consolidation in Japan, where it also holds stakes in Panasonic Automotive Systems and Nippon Sheet Glass.","key_figures":{"customDimensions":{"aum":"$1.03 trillion"}},"named_entities":{"people":[{"name":"Noah Gunn","role":"Global Head of Investor Relations"},{"name":"Joanna Rose","role":"Global Head of Corporate Communications"}],"products":[],"companies":[{"name":"Apollo","ticker":"APO","relationship":"filer"},{"name":"ALTEMIRA Holdings Co., Ltd.","relationship":"sold portfolio company"},{"name":"MBK Partners","relationship":"acquirer"},{"name":"Showa Denko K.K.","relationship":"former parent of sold asset"},{"name":"Resonac Holdings Corporation","relationship":"current name of former parent"},{"name":"Mitsubishi Materials Corporation","relationship":"former parent of sold asset"},{"name":"MAFTEC","relationship":"previously exited portfolio company"},{"name":"Panasonic Automotive Systems","relationship":"current portfolio company"},{"name":"Nippon Sheet Glass","relationship":"current portfolio company"},{"name":"Athene","relationship":"subsidiary"}],"dollarAmounts":[{"amount":"$1.03 trillion","context":"Apollo assets under management as of March 31, 2026"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-06-02T23:01:30.234Z","global_importance":25,"audience_relevance":30,"importance_components":{"tickerTier":"large-cap","eventGravity":"portfolio_exit","sectorWeight":"financials","householdBrandBoost":"low","marketCapAdjustment":"neutral"}},"durationMs":90006,"modelName":"george-droid-qwen-72b"}}