Apollo Readies €750 Million Loan for Neinor’s Aedas Bid
An advertising for residential development by Aedas Homes in Barcelona in 2019.
Photographer: Angel Garcia/BloombergApollo Global Management Inc. is poised to provide the bulk of the financing for a potential deal in Spain that could create the nation’s biggest developer.
The New York-based private capital giant is working on providing about €750 million ($870 million) in a loan for Neinor Homes SA’s bid to acquire rival Aedas Homes SA, according to people familiar with the matter.