Apollo, OTPP-led investor group to buy CareerBuilder: Reuters
A group of investors led by U.S. private equity firm Apollo Global Management LLC and Ontario Teachers' Pension Plan will buy a majority stake in U.S. job portal CareerBuilder LLC, Reuters reported. CareerBuilder is owned by Tribune Media Co, TV station operator Tegna Inc and newspaper group McClatchy Co. These current owners will all retain a minority stake. Reuters previously reported that a potential CareerBuilder deal would value the business at more than US$500 million, including debt.
19 June 2017•1 min read
