Deal snapshot: Ares Management to Acquire Middle Market Lending Portfolio from Annaly Capital Management for USD 2.4bn.
MANews-(C)2009-2022
US-based alternative investment manager Ares Management Corp's (NYSE: ARES) Ares Capital Management LLC subsidiary has entered into a definitive agreement to acquire, on behalf of funds managed by the Ares Credit Group, the Middle Market Lending portfolio from Annaly Capital Management, Inc. (NYSE: NLY) for approximately USD 2.4bn, the firm said.
Ares' Credit Group...
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