(Reuters) - A group of investors led by U.S. private equity firm Apollo Global Management LLC APO.N and Ontario Teachers' Pension Plan Board will buy a majority stake in job portal CareerBuilder, the companies said on Monday.
Apollo did not disclose financial details of the deal.
Reuters reported last month that Apollo was negotiating a deal that would value CareerBuilder at more than $500 million, including debt.
Reporting by Rishika Sadam in Bengaluru; Editing by Sai Sachin Ravikumar
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