Apollo Global Management (NYSE:APO) is investing in Japanese glass manufacturer NSG at nearly $3.7 billion (about 590 billion Japanese yen) in enterprise value. The deal is subject to shareholder approval at NSG's annual meeting in late June and is expected to close around March 2027. Apollo Funds will inject equity into NSG to strengthen its financial position and support long-term growth. This investment unites Apollo's global expertise with NSG Group's legacy of manufacturing excellence and innovation. The transaction marks Apollo's fifth private equity investment in Japan. The stock carries a Buy Rating with an average price target of $162.38.