Tag: Apollo Saudi Arabia

Apollo Tyres secures $150 mn investment from Warburg Pincus

Apollo Tyres, one of the world’s largest tyre manufacturers, announced that its Board of Directors has approved an issuance of compulsorily convertible preference shares in the company worth $150 million to an affiliate of Warburg Pincus, a leading global private equity firm focused on growth investing. The investment represents a primary capital infusion into the…