Apollo Global Management to Acquire Nippon Sheet Glass Company in ~$3.7B Deal

March 27, 2026

Apollo Global Management announced that its managed funds entered into definitive agreements to acquire Nippon Sheet Glass Company for nearly $3.7 billion. The transaction includes an equity injection by Apollo funds and a conversion of part of NSG’s principal lenders’ debt into equity, with regulatory approvals and shareholder approval required and an expected close around March 2027.

Buyers
Apollo Global Management
Targets
Nippon Sheet Glass Company
Industry
Manufacturing
Location
Japan
Transaction Type
Buyout

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