The company has decided to henceforth invest in distressed assets through its AIF and will look for a buyer of its more than 90% stake in the ARC, five people familiar with Apollo's plans said.source https://economictimes.indiatimes.com/industry/banking/finance/banking/apollo-global-has-a-rethink-on-arc-jv-with-icici-bank-looking-to-exit/articleshow/92346124.cms
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