Rexnord Corporation (NYSE:RXN) (“Rexnord”) announced today the launch of
a public offering of 14,729,045 shares of its common stock held by
certain funds affiliated with Apollo Global Management, LLC
(collectively with its subsidiaries, “Apollo”) (NYSE:APO). The Apollo
funds will be the only selling stockholders, and are offering to sell
all of the shares of Rexnord they currently own.
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