Private Equity Apollo Global Nears Arconic $3B Deal: Report

Apollo Global Management Inc (NYSE: APO) is reportedly close to taking Arconic Corporation (NYSE: ARNC) private in a roughly $3 billion deal. The deal is set to value Arconic at $30/share.

Assuming the talks don’t fall apart at the last minute, the announcement to come by the time Arconic reports its results Thursday, Wall Street Journal reported citing people close to …

Full story available on Benzinga.com

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