---
title: "Key facts: Apollo Withdraws Bodycote Offer; Relinquishes Reno De Medici"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288822026.md"
description: "Apollo Global Management withdrew its conditional £1.52bn all-cash bid for Bodycote, will not pursue a takeover and is barred under UK rules from reoffering for six months. 1 2Apollo Global Management agreed to hand control of Italian packaging firm Reno De Medici to bondholders in a debt restructuring, relinquishing its ownership and management roles. 3"
datetime: "2026-06-05T07:13:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288822026.md)
  - [en](https://longbridge.com/en/news/288822026.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288822026.md)
generator: "portal-rs"
---

# Key facts: Apollo Withdraws Bodycote Offer; Relinquishes Reno De Medici

-   Apollo Global Management withdrew its conditional £1.52bn all-cash bid for Bodycote, will not pursue a takeover and is barred under UK rules from reoffering for six months. 1 2
-   Apollo Global Management agreed to hand control of Italian packaging firm Reno De Medici to bondholders in a debt restructuring, relinquishing its ownership and management roles. 3

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- [REG - Baillie Gifford &Co. Bodycote PLC - Form 8.3 - Bodycote PLC](https://longbridge.com/en/news/297917439.md)
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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**