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Apollo in Talks to Provide up to $2 Billion in Financing for Kohl’s Sale

Apollo in Talks to Provide up to $2 Billion in Financing for Kohl’s Sale

Apollo Global Management Inc. is in talks to provide up to $2 billion in debt financing for the potential acquisition of department store chain Kohl’s Corp by retail store operator Franchise Group, a person familiar with the matter said.

The discussions between Apollo and Franchise are still at an early stage and no agreement has been reached, the source said. An Apollo spokesperson declined to comment. The New York Post was the first to…


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