Apollo Management Group to acquire Arconic

Private equity firm Apollo Management Group is set to acquire Arconic, an aluminum products company, at $30 per share. The deal is expected to close before the end of 2023.

“The deal is expected to close before the end of 2023, at $30 per share, nearly a 30% premium from when word of the acquisition circulated in February.”steelmarketupdate.com

• 1 source
• steelmarketupdate.comCRU Aluminum: Apollo Management Group Set to Acquire Arconic - Steel Market UpdateStephen WilliamsonMay 12, 2023

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