BBG: Apollo’s Kleinman expects more deals like $11bn Intel pact

BLOOMBERG reports:

Scott Kleinman said he expects Apollo Global Management Inc. to participate in more deals similar to the $11 billion joint venture it inked with Intel Corp. this week as companies look for creative ways to meet their growing capital needs.

“You’re going to see more and more of this coming,” Apollo Co-President Kleinman said in an interview with Bloomberg Television from the sidelines at the SuperReturn International conference in Berlin on Wednesday. The need for tech firms, for ...