# Apollo to take Arconic private in $5.2 billion deal

Arconic agreed to be bought by Apollo Global Management in a take-private deal valued at about $5.2 billion, including equity value of about $3 billion. Apollo will pay $30 per share.

- Type: Acquisition
- Announced: 2023-05-04
- Where: United States
- Value: $5.20B
- Status: announced
- Products: aerospace components, aluminum products
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Apollo Global Management](https://endata.com/companies/3851.md) (acquirer)
- [Arconic](https://endata.com/companies/8076.md) (target)

## Sources

- [reuters.com](https://www.reuters.com/markets/deals/apollo-acquire-aerospace-industry-supplier-arconic-52-bln-deal-2023-05-04/), 2023-05-04: "Arconic Corp has agreed to be bought by Apollo Global Management Inc in a take-private deal valued at about $5.2 billion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.