Apollo Global in talks to buy Ingram Micro from HNA: Wall Street Journal

HNA Group is in talks to sell Ingram Micro Inc to Apollo Global Management, the Wall Street Journal reported Dec. 21. Apollo made an offer for Ingram two weeks ago but HNA rejected the offer as too low, the story said. HNA hopes to sell Ingram for $7.5 billion, including $1.5 billion in debt, the WSJ said. HNA and Apollo are currently in talks to see if a deal can be reached, the story said.