After Amazon, Apollo Global wades into India's corporate governance jungle

After Amazon.com Inc., it’s the turn of Apollo Global Management Inc. to wade into the jungle that’s corporate governance in India. It has sued a Mumbai-based warehousing firm in which it owns a large stake. The cause of the dispute vanished on Monday when the company dropped a controversial plan to sell its business. But the US shareholder, whose rejection of the deal was given short shrift by the board, must still worry about its rights. After all, when the world’s largest retailer couldn’t enforce contracts in the country, why should a buyout firm fare any better?
 

Amazon and Apollo