01:36 PM EDT, 06/12/2025 (MT Newswires) -- Apollo Global Management ( APO ) is working on providing a loan of about 750 million euros ($867.5 million) to Spanish developer Neinor Homes to finance the bulk of Neinor's potential bid for rival Aedas Homes, Bloomberg reported Thursday.
Neinor also has irrevocable commitments of about 200 million euros from its shareholders, the report said, citing people familiar with the matter.
The report cautioned that there is no certainty Neinor will pursue an offer.
Apollo Global, Neinor Homes, and Aedas Homes did not immediately respond to requests for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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