Apollo Global Management in its $1.85 billion all-cash acquisition of U.S. Silica

On April 26, 2024, U.S. Silica Holdings, Inc. (NYSE: SLCA) announced that it has entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO), in an all-cash transaction that values U.S. Silica at an enterprise value of approximately $1.85 billion.

Wachtell, Lipton, Rosen & Katz is serving as legal counsel to Apollo.