Arconic sells Russian operations to Promishlennie Investitsii for $230M

Arconic completed the sale of 100% of its Russian operations to Promishlennie Investitsii LLC, the main shareholder of VSMPO-AVISMA Corporation, for $230 million in cash. The sale includes the Arconic SMZ metallurgical factory in Russia.

“Arconic has successfully sold Promishlennie Investitsii LLC 100 per cent of its Russian operations for cash proceeds of $230 million.”alcircle.com

• 1 source
• alcircle.comAcronic closes $230 million cash deal, sells 100% of its Russian operations to Promishlennie Investitsii; Aluminium Extrusion, Profiles, Price, Scrap, Recycling, SectionNov 17, 2022

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