RWE, Apollo Global Management Forming Joint Venture to Invest EUR 3.2 Billion in German TSO

RWE and the global asset manager and infrastructure investor, Apollo Global Management, have signed an agreement under which Apollo will pay EUR 3.2 billion to RWE in exchange for an equity stake in a to-be-established joint venture (JV), which will hold RWE’s existing 25.1 per cent stake in the Ger