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Apollo Management

Ecosystem NYSE: APO
Headquarters
New York, US
Segment
Investors & Advisers
Stories held
2
Last story
25 Sep 2026

Apollo Global Management is a New York-based alternative asset manager investing across private equity, credit and real assets, with holdings spanning industrials and packaging such as Reno de Medici. The firm manages several hundred billion dollars in assets and is listed on the New York Stock Exchange.

2 stories · 2026

EU clears M&G and Arini takeover of Reno de Medici from Apollo

The European Commission has approved M&G Investment Management and Arini Capital Management taking joint control of Italian cardboard maker Reno de Medici, currently controlled by Apollo Management. The deal was cleared under the simplified merger review procedure after regulators found no overlap in the companies' markets.

Why this mattersOwnership of a listed European recycled-cardboard producer moves from a private-equity sponsor to asset managers, a shift readers tracking consolidation in fibre packaging should note.

  • European Commission approved the deal on 25 September 2026 under case number M.12612.
  • M&G Investment Management and Arini Capital Management, both UK-based, will take joint control of Reno de Medici.
  • Reno de Medici is currently controlled by US firm Apollo Management.
  • The transaction was cleared under the EU's simplified merger review procedure.
  • The Commission found the companies are not active in the same or vertically related markets.
  • No deal value was disclosed in the Commission statement.
European Commission counterparty Arini Capital Management counterparty M&G Investment Management counterparty Apollo Management counterparty Reno de Medici
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M&G and Arini seek joint control of Reno de Medici from Apollo

M&G Investment Management and Arini Capital Management intend to acquire joint control of Italian cartonboard producer Reno de Medici (RDM), currently controlled by Apollo Management, as part of RDM's ongoing financial restructuring. The deal was notified to the European Commission for merger clearance in early September 2026 and published in the EU Official Journal on 10 September, with the Commission flagging it as a candidate for the simplified procedure.

Why this mattersA change of control at a core European cartonboard producer signals how creditors and funds are reshaping ownership of debt-laden packaging assets through restructuring.

  • M&G Investment Management and Arini Capital Management intend to take joint control of Reno de Medici (RDM)
  • RDM is currently controlled by Apollo Management
  • The transaction is part of RDM's ongoing financial restructuring
  • The deal was notified to the European Commission in early September 2026
  • The notification was published in the EU Official Journal on 10 September 2026
  • The Commission has flagged the deal as a candidate for the simplified merger review procedure
RDM Group Arini Capital Management counterparty M&G Investment Management counterparty Apollo Management counterparty M&G counterparty
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