login / register

Apollo in talks to buy Arconic Corporation, reveals the WSJ - Part 2

The Wall Street Journal has just trotted out another story about Apollo purchasing US-listed Arconic Corporation.

According to the WSJ, Apollo is "nearing a deal" to buy industrial parts maker Arconic for around $30 a share or $3 billion.

This report comes after the newspaper revealed Apollo was sniffing around Arconic in February this year.

Shares in Arconic have leapt 30pc in the US pre-market.

Below is a link to the WSJ scoop:..

Register

Register for free to see rest of this article and all public articles from Betaville

Login / Register
Date: Thursday, 4 May 2023, 11:44 am

[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].

Login to join the conversation