Apollo Global Management LLC

Apollo Buys Arconic For $5.2 Billion

Apollo Buys Arconic For $5.2 Billion

Pittsburgh value-added firm Arconic Corporation announced last week that it has agreed to be acquired by Apollo Global Management, Inc. and Irenic Capital Management for US$5.2 billion. The firm said that shareholders would be paid $30 for each share, which is about...


Sources Say Arconic In Sales Talks With Private Equity Firms

According to individuals professing a knowledge of the matter, value-added aluminium firm Arconic Inc. is conducting negotiations on offers for the sale of the entirety of the company. Per unnamed individuals who spoke with Reuters late last week, several private equity firms have confidentially expressed a serious interest in the company, including Blackstone Group LP […]