Apollo Global Management Launches $2.04 Billion Takeover Bid for Bodycote
British engineering firm Bodycote confirmed on Monday that it has received a takeover proposal from private equity giant Apollo Global Management valued at approximately 1.52 billion pounds ($2.04 billion). The announcement, which triggered a significant surge in Bodycote’s share price, marks the latest development in a wave of foreign interest targeting UK-listed industrial companies. Context…
