Apollo said to weigh Tenneco India IPO at $2 billion valuation

January 14, 2025

Apollo Global Management is exploring an IPO for Tenneco Inc.’s India business, potentially valuing it at around $2 billion. Tenneco, acquired by Apollo for $7.1 billion in 2022, could raise $400 million to $500 million through the IPO, reflecting India’s vibrant market.

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