Arconic Taken Private by Apollo Global in $5.2 Billion Deal

Arconic Taken Private by Apollo Global in $5.2 Billion Deal
The Alcoa and Arconic headquarters (L) sit on the Northside of Pittsburgh on Oct. 17, 2022 along the Allegheny River. Gene J. Puskar/AP Photo
The Associated Press
Updated:

Aluminum maker Arconic is being taken private by Apollo Global Management in a deal worth approximately $5.2 billion.

Arconic shareholders will receive $30 per share in cash.