Apollo Funds Agree to Sell Kelvion, a Global Leader in Cooling Solutions for Data Centers and Diversified Industrials, to SLB for $4.1 billion

{
  "signal_id": "05e3f692-fa79-fa5a-9a24-3ee22c34b9b3",
  "signal_type": "news",
  "signal_subtype": "sells_assets_to",
  "detected_at": "2026-08-31T10:50:00+00:00",
  "company": {
    "name": "Apollo Global Management",
    "domain": "apollo.com"
  },
  "data": {
    "url": "https://www.globenewswire.com/news-release/2026/08/31/3353148/0/en/apollo-funds-agree-to-sell-kelvion-a-global-leader-in-cooling-solutions-for-data-centers-and-diversified-industrials-to-slb-for-4-1-billion.html",
    "title": "Apollo Funds Agree to Sell Kelvion, a Global Leader in Cooling Solutions for Data Centers and Diversified Industrials, to SLB for $4.1 billion",
    "assets": "Kelvion",
    "excerpt": "NEW YORK and HERNE, Germany, Aug. 31, 2026 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that global energy technology company SLB (NYSE: SLB) has entered into definitive agreement to acquire 100% of Kelvion, a leading global developer and manufacturer of thermal management solutions, for approximately $3.4 billion in cash and will assume approximately $0.7 billion of debt. Today, Kelvion is majority owned by Apollo-managed funds; funds advised by Triton hold a minority interest that will also be acquired by SLB.",
    "summary": "Apollo-managed funds have agreed to sell their majority ownership of Kelvion to SLB.",
    "planning": true,
    "confidence": 0.9,
    "published_at": "2026-08-31T10:50:00Z",
    "article_sentence": "Apollo (NYSE: APO) today announced that global energy technology company SLB (NYSE: SLB) has entered into definitive agreement to acquire 100% of Kelvion, a leading global developer and manufacturer of thermal management solutions, for approximately $3.4 billion in cash and will assume approximately $0.7 billion of debt.",
    "related_company_name": "SLB",
    "related_company_domain": "slb.com"
  }
}

curl https://signals.autobound.ai/v1/signals/05e3f692-fa79-fa5a-9a24-3ee22c34b9b3 \
  -H "X-API-KEY: $AUTOBOUND_API_KEY"

curl -X POST https://signals.autobound.ai/v1/companies/enrich \
  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"apollo.com","limit":20}'