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Arconic Inc. announced it will separate into two standalone companies: Howmet Aerospace and Arconic Corporation, with the spin-off of its Global Rolled Products segment. The separation is on track for Q2 2020.
Arconic Inc. will separate into two independent public companies: Howmet Aerospace (engines, fastening systems, etc.) and Arconic Corporation (rolled products, extrusions, building systems), via a distribution of shares.