Apollo reaches out to Paramount about deal, Axios reports

(Reuters) – Apollo Global Management has in recent days reached out to a special committee formed by Paramount Global about a possible takeover or asset purchase, Axios reported on Tuesday citing two sources familiar with the matter.

Apollo and Paramount did not immediately respond to Reuters’ requests for comment.

(Reporting by Jaspreet Singh in Bengaluru; Editing by Shilpi Majumdar)