Kudun and Partners successfully represented Apollo Global Management, Inc. (Apollo), on the divestiture of 100% of their equity and debt investments for a total value of over USD 200 million

January, 2023 - Thailand

Represented Apollo Global Management, Inc. (Apollo), one of the largest private equity firms in the United States with the approximate asset under management (AUM) of over USD 500 billion, and its Thai affiliates on the divestiture of 100% of their equity and debt investments with respect to an office and retail building located in Bangkok’s prime office area, for a total value of over USD 200 million. This transaction is the second divestiture of Apollo’s real-estate investments in Thailand following its successful investments in the iconic Mahanakhon building from which Apollo exited back in 2018. This highly profitable transaction represents one of the rarest real-estate divestitures/acquisitions in Thailand, as entire office buildings are not commonly traded in the Thai market.

The transaction was led by Peerasanti Somritutai, partners of Kudun and Partners, together with associates; Chavisa Jinanarong, Chayakorn Boonsri, Thamonwan Koosuwan, Thanchon Phetroocheang and Pimklao Kanchanakom

The post Kudun and Partners successfully represented Apollo Global Management, Inc. (Apollo), on the divestiture of 100% of their equity and debt investments for a total value of over USD 200 million appeared first on Kudun.

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