L’Imad Holding’s reported stake interest in Atlas Air could validate Apollo’s valuation

Abu Dhabi sovereign investor L’Imad Holding has reported interest in taking a stake in Atlas Air Worldwide. The interest could offer Atlas Air’s owners, including private‑equity firm Apollo, validation of the carrier’s ambitious valuation.

The Loadstar reports that AD Ports’ brief listing is nearing its end, with an immediate timetable that is clear but conditional. Bloomberg has reported that L’Imad is considering a bid for a stake in Atlas Air, though the size of the potential stake was not disclosed.

The Loadstar article opens by noting that reporters are chasing M&A rumours as AD Ports’ brief listing nears its end. It adds that the immediate timetable for that listing is clear but remains conditional.

What we know

• L’Imad Holding is Abu Dhabi sovereign investor

• L’Imad Holding’s reported interest in taking a stake in Atlas Air Worldwide

• Bloomberg has reported that L’Imad is considering a bid for a stake in Atlas Air

• AD Ports’ brief listing nears its end

• The immediate timetable is clear but remains conditional