Arconic Buyout News

Enter the contest here:. Register here to receive weekly email notices about recently-filed securities class action complaints and news in the area of securities class action litigation. Find the latest Arconic Inc. The Financial Times reports that MPs David Lammy and Emma Dent Coad have told Arconic that they will oppose a takeover of the company if it does not protect the interests of Grenfell victims. Arconic Inc. Ivanhoe Mines (TSE:IVN) had its target price upped by Royal Bank of Canada from C$6. What it looks like now is a HUGE SCAM to buyout ARNC at fire sale prices! We sold today and won't look back at this SCAM!. Daily Digital News offers breaking world news headlines and news media research information. sells its products directly to customers, as well as through distributors. The Wall Street Journal, Reuters. This discrepancy is also evident in the timing of buyouts. What it looks like now is a HUGE SCAM to buyout ARNC at fire sale prices! We sold today and won't look back at this SCAM!. We will alert you to important technical developments on your portfolio & watchlist. (ARNC) is the subject of takeover interest from private-equity firms, according to people familiar with the matter. US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. Below is a list of employers that have announced that they are offering lump-sum pension buyouts to certain groups of employees, former employees, or retirees. 7% after the news of intended acquisition reached the market. The buyout of Dexmet enables PPG Industries (PPG) to add. engineers, manufactures, and sells lightweight metals worldwide. Arconic Inc stocks price quote with latest real-time prices, charts, financials, latest news, technical analysis and opinions. is imminent, but officials from the aluminum-products maker have not confirmed the claims. US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. Market projections are subject to the risks discussed above and other risks in the market. Arconic generates higher returns on investment than it costs the company to raise the capital needed for. August 9, 2018 | Daniel J. and all the companies you research at NASDAQ. But the report noted that a surge in private equity deal making is leading to bigger. Arconic will decide whether to agree to a sale later this month, the sources said, cautioning that there is no certainty of a deal. These group purchases have become less popular in recent years. Follow our Google News edition to get the latest stock market, earnings and financial news at your fingertips. The trustees of the British Steel Pension Scheme (BSPS) are exploring options for securing the benefits of the fund’s 80,800 members including an insurance buyout, according to UK media reports. News zur ICONIC MINERALS AKTIE und aktueller Realtime-Aktienkurs Iconic Disposes of its Interest in the Hercules Project, Nevada Arconic Makes the Case It Was Right to Reject Buyout Offer:. 8 billion at the end of September. 5 billion at the end of 2017, according to securities filings. Arconic (NYSE:ARNC), in the news in recent weeks due to buyout rumors, reported second-quarter results last week that came in ahead of (reduced) expectations, and it provided some details about. Board nixed $15bn sale to Apollo after private equity group cut its offer to top up funds for retirees. and hear what the experts at TheStreet are saying. Shares of Arconic rallied 9. Given Arconic's struggles since its 2016 spin-off from Alcoa, it's easy to see why shareholders were eager to take the sure thing of a cash buyout. Alcoa took the corporate name of Arconic following the split in November 2016 of its aluminum, alumina and bauxite operations grouped into an entity called Alcoa Corporation. (Reuters) - Aluminium products maker Arconic Inc's board of directors is mulling an $11 billion acquisition offer it received last Friday from buyout firm Apollo Global Management LLC, according. State/Region; The office building for Alcoa and Arconic are seen from the north shore of the Allegheny River on July 26, 2017 in Pittsburgh. tumbled the most in eight months as the board rejected a sale of the company, scuttling a highly anticipated deal that would have ranked among the biggest leveraged buyouts since the global financial crisis. 29% LLC is nearing a deal to purchase Arconic Inc. Arconic will supply aluminum sheet and. N) is in talks to buy the U. 1%) jumps after CNBC reports the company could announce a deal on a leveraged buyout by mid-December. Spirit and Arconic weren't competitors, Lawson said, as they were engaged in different parts of the aerospace manufacturing business. Arconic Inc. The company notified employees last month of its decision to end pre-Medicare medical and prescription. ARNC | Complete Arconic Inc. com and other media reported late Thursday that Johnson and the UA Athletics administration had entered “negotiations for a buyout” of Johnson’s remaining contract. As mitigation measures, buyouts are designed to be deliberative and slow, allowing government agencies to consider, research, and prioritize areas to relocate. 7% after the news of intended acquisition reached the market. ARNCPR - Arconic Inc Stock quote - CNNMoney. At the heart of the philosophy of Post Analyst – news coverage on the principles of the highest quality standards. it tells investors how fast a company is growing. The potential legal liabilities stem from Arconic's building and construction systems division, which makes facades, windows and framing products. Arconic 8-K Shows Deal To Sell Its Eger, Hungary Forgings Business, No Terms Disclosed; Co. Apollo Global Management reportedly offered $11 billion last month, while another bidding group including the buyout giants Blackstone, Carlyle and…. Subscribe below or contact Nadine Kudmany on +44 207 749 1289 or [email protected] , which was projected to add about $9 billion in long-term debt to. Value-added aluminium firm Arconic Inc. may be only days away from a buy-out by private equity firm Apollo Global Management LLC according to unnamed sources who spoke to Bloomberg late last week. US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. Arconic has asked Apollo, as well as a buyout consortium led by Blackstone. Jan 22, 2019 04:30 PM Arconic to Host Webcast and Announce Fourth Quarter 2018 and Full Year 2018 Results Jan 22, 2019 10:18 AM Arconic (ARNC) option implied volatility comes in after stating that. A recent report claims that Arconic is a strong target for a buyout from several private equity firms. The multibillion-dollar sale of Arconic, which manufactured flammable panels tied to the deadly London tower fire in 2017, fell through after the company's board rejected offers from private. 7 percent after Bloomberg reported here that Apollo Global Management LLC is in talks to buy the U. "With frequent press reports about. But in mid. The Financial Times reports that MPs David Lammy and Emma Dent Coad have told Arconic that they will oppose a takeover of the company if it does not protect the interests of Grenfell victims. Arconic Inc. The aluminum products maker has been mulling offers, and the sources tell CNBC a deal is likely in a few weeks. is weighing takeover approaches from at least two private-equity groups, according to people familiar with the matter, in what would be one of the biggest recent leveraged buyouts. 29% LLC is nearing a deal to purchase Arconic Inc. An Arconic spinoff is in the works and news of the change for the company has shares of ARNC stock falling hard on Friday. The Motley Fool - Lou Whiteman. A $10bn sale of US company Arconic falls through amid reports liabilities linked to the fire were an issue. Metal News - Published on Tue, 06 Nov 2018 with the Grenfell Tower disaster in London are threatening to derail the sale of New York-based aluminum giant Arconic. Given Arconic's struggles since its 2016 spin-off from Alcoa, it's easy to see why shareholders were eager to take the sure thing of a cash buyout. 00 in a research report sent to investors on Tuesday, July 30th, BayStreet. Collaborate to create breakthrough products that shape the future of global industries, transforming the way we fly, drive, build and power. (NYSE:ARNC). Ronald Orol. In October Arconic installed twenty-four year GE veteran Charles "Chip" Blankenship as its chief executive. The buyout of Dexmet enables PPG Industries (PPG) to add. aluminum products maker spurned a buyout offer from Apollo. We have a possible deal as well, with Arconic (ARNC) a possible leveraged-buyout target. (NYSE: MBLY). and all the companies you research at NASDAQ. Don't cry over the deal's demise, though. USA TODAY delivers current local and national news, sports, entertainment, finance, technology, and more through award-winning journalism, photos, videos and VR. Find real-time ARNCPR - Arconic Inc stock quotes, company profile, news and forecasts from CNN Business. View real-time stock prices and stock quotes for a full financial overview. Rate It! A great place to work. (Bloomberg Opinion) -- Selling off Arconic Inc. Keep up with us here to find out how we're helping transform the way we fly, drive, build and power. The aluminum producer had a net debt of $4. January 2, 2019 / 9:22 PM / 7 months ago REFILE-Arconic shares jump after report of buyout by Apollo Global (Reuters) - Shares of Arconic Inc closed up 9. Arconic buyout news keyword after analyzing the system lists the list of keywords related and the list of websites with related content, in addition you can see which keywords most interested customers on the this website. 70 on Tuesday morning. Enterprise Tools News feed Newsletters Currency Converter. Apollo had been working for months to strike a deal and was near buying the corporate for greater than $10 billion, The Wall Avenue Journal reported final week. stock news by MarketWatch. A buyout of Arconic, when including assumed debt, would be valued at more than $15 billion, making it one of the biggest leveraged buyouts since the 2008 financial crisis. The private equity consortium that formed still faces competition from other buyout firms, including Apollo Global Management LLC (N: APO), the sources said. Arconic Inc (NYSE: ARNC) is a stock that's "bruised" trading south of $18 per share, but to say it's "broken" stock is a mistake, according to Longbow Research. Arconic has asked Apollo, as well as a buyout consortium led by. Arconic shares rose 3. and all the companies you research at NASDAQ. Don't cry over the deal's demise, though. Is Arconic Inc. Several national news outlets are reporting that a sale of Arconic Inc. Arconic's products, which include aluminum, titanium, and nickel, are used worldwide in aerospace, automotive, commercial transportation, packaging, building and construction, oil and gas, defense, consumer electronics, and industrial applications. (RTTNews) - Shares of Arconic Inc. If a deal is struck, that should ease some pressure on Leon Black's buyout shop as it looks to deploy a record $24. com offers in-depth financial research with over 30years of proven results. Arconic will supply aluminum sheet and. N) is in talks to buy the U. The aluminum products maker has been mulling offers, and the sources tell CNBC a deal is likely in a few weeks. Recent News. and hear what the experts at TheStreet are saying. Leveraged Buyout - LBO: A leveraged buyout (LBO) is the acquisition of another company using a significant amount of borrowed money to meet the cost of acquisition. Apollo Global Might Announce Arconic Buyout By Mid-January. 75% of the company as of Sept. The aluminum producer had a net debt of $4. Find the latest Arconic Inc. The Wall Street Journal reported this summer that multiple private equity groups were interested in purchasing Arconic in a major buyout. Stock - ARNC news, historical stock charts, analyst ratings, financials, and today’s Arconic Inc. 4% on Friday to $16. 29% LLC is nearing a deal to purchase Arconic Inc. But the buyout's final hurdle is proving to be the continued tightening of global debt markets, raising doubt as to whether banks would be able to finance a deal as large as what Apollo and Arconic have in mind. RECENT NEWS. Add a live ARNC stock price to your free portfolio. (ARNC) stock discussion in Yahoo Finance's forum. Metal News - Published on Tue, 06 Nov 2018 with the Grenfell Tower disaster in London are threatening to derail the sale of New York-based aluminum giant Arconic. Apollo Global Might Announce Arconic Buyout by Mid-January. com Markets. Arconic is currently up by 4. It's not all bad news for Apollo. Shares of the metal-parts manufacturer jumped as much as 14 percent on Monday after the Wall Street Journal reported buyout firms including Apollo Global Management had expressed interest. for more than $10 billion, ending months of negotiation over what would be one of the largest leveraged. 20-per-share buyout offer, today trade at just under $26 per share. Metals News. READ FULL ARTICLE HERE. Arconic could announce a deal on a leveraged buyout by mid-December, sources tell CNBC. The potential legal liabilities stem from Arconic's building and construction systems division, which makes facades, windows and framing products. Bring your curiosity and diverse perspectives to Arconic. The new group specializes in the engineering and manufacturing of light-weight parts and components (aluminum, titanium and. If a deal is struck, that should ease some pressure on Leon Black's buyout shop as it looks to deploy a record $24. 2 Min Read (Reuters) - Shares of Arconic Inc. Arconic shares jump after report of buyout by Apollo Global. Paladin owes EDF $277. is weighing takeover approaches from at least two private-equity groups, according to people familiar with the matter, in what would be one of the biggest recent leveraged buyouts. Instead, metals company Arconic has ended negotiations with Apollo Global Management over a deal the would've reportedly valued the business at more than $15 billion, including debt. The $18 level represents a "good. As mitigation measures, buyouts are designed to be deliberative and slow, allowing government agencies to consider, research, and prioritize areas to relocate. 2019 was 10. (See more below. Now the board wants to exert greater control over the breakup of the company, a source familiar with the. The Motley Fool - Lou Whiteman. Morning Agenda: Tax Revamp in U. Honeywell for Sale - GE Buys (Announced in JimPinto. Review this company. The aluminum products maker has been mulling offers, and the sources tell CNBC a deal is likely in a few. There is a lot of room for growth with this company. DOW JONES, A NEWS CORP COMPANY News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. Let us help you stay on top of your investments. Newmont Mining Corp. Market projections are subject to the risks discussed above and other risks in the market. Subscribe below or contact Nadine Kudmany on +44 207 749 1289 or [email protected] But the UK government this week added to the uncertainty surrounding the scale of those liabilities, by giving local councils the power to strip dangerous cladding from privately owned buildings and bill the owners for the repairs. Arconic shares rose 3. Market projections are subject to the risks discussed above and other risks in the market. An Arconic spinoff is in the works and news of the change for the company has shares of ARNC stock falling hard on Friday. The private equity consortium that formed still faces competition from other buyout firms, including Apollo Global Management LLC (APO. 1%) jumps after CNBC reports the company could announce a deal on a leveraged buyout by mid-December. (Bloomberg Opinion) -- Selling off Arconic Inc. When one company (or an investor) wants to buy another company, it proposes a deal to make an "acquisition" or buyout, usually by taking ownership of the company stock. Arconic Breakup Is More Logical Than Buyout Selling out at a discount to the company's share price before Elliott launched its proxy fight would be a disappointment. Arconic stopped selling Reynobond PE for use on high-rise buildings the same day the company's stock dropped. 6 billion, The Post has learned. What it looks like now is a HUGE SCAM to buyout ARNC at fire sale prices! We sold today and won't look back at this SCAM!. Subscribe below or contact Nadine Kudmany on +44 207 749 1289 or [email protected] N), the sources said. While the restructuring is far from complete, and there is going to be continued uncertainty until the separation is done, the decision to go it alone so far looks like the correct one. 7 percent after. and all the companies you research at NASDAQ. The multibillion-dollar sale of Arconic, which manufactured flammable panels tied to the deadly London tower fire in 2017, fell through after the company's board rejected offers from private. Private equity firm Apollo Global Management LLC is in advanced negotiations to acquire U. aluminum products maker Arconic Inc for more than $11 billion, people familiar with the matter said on. Let us help you stay on top of your investments. They also gave media headlines about the basic materials company a news buzz of 0. Arconic (NYSE: ARNC) has been somewhat of an enigma since it was first assembled inside Alcoa. Apollo had been working for months to strike a deal and was near buying the corporate for greater than $10 billion, The Wall Avenue Journal reported final week. Arconic's share price dropped almost $4 (9. 1%) jumps after CNBC reports the company could announce a deal on a leveraged buyout by mid-December. Find the latest Arconic Inc. 8 billion, per The Wall Street Journal. stock price. Subscribe below or contact Nadine Kudmany on +44 207 749 1289 or [email protected] Find your local retiree club. com and other media reported late Thursday that Johnson and the UA Athletics administration had entered “negotiations for a buyout” of Johnson’s remaining contract. City officials believe the move will have a major economic impact on the region. aluminum products maker spurned a buyout offer from Apollo Global Management. We will alert you to important technical developments on your portfolio & watchlist. Newmont Mining Corp. , which was projected to add about $9 billion in long-term debt to. Connect with us. 29% LLC is nearing a deal to purchase Arconic Inc. Stay connected with Alcoa! Sign up to get the latest Company news. stock price. (ARNC) stock discussion in Yahoo Finance's forum. Review this company. Add a live ARNC stock price to your free portfolio. Stock quote and company snapshot for ARCONIC INC (ARNC), including profile, stock chart, recent news and events, analyst opinions, and research reports. Find the latest Arconic Inc. , the metals manufacturing company created when Alcoa split into two companies in 2016, will move its corporate headquarters from New York City to Fairfax County. More International News Insurance Journal Blogs and Columns. Specifically, the activist hedge fund headed by billionaire Paul Singer believes that New York-based Arconic decided to reject the bid from buyout firm Apollo Global Management partly because it didn’t adequately cover the company’s pension obligations, according to sources close to the situation. Apollo Global Management is nearing a deal to buy aluminum giant Arconic in a deal valued at roughly $22 a share, or $10. Arconic is a company specializing in lightweight metals engineering and manufacturing. If a deal is struck, that should ease some pressure on Leon Black's buyout shop as it looks to deploy a record $24. Arconic shares rose 3. Arconic buyout scuppered by dispute over pension liabilities. This discrepancy is also evident in the timing of buyouts. The Wall Street Journal, Reuters. An Arconic spinoff is in the works and news of the change for the company has shares of ARNC stock falling hard on Friday. The multibillion-dollar sale of Arconic, which manufactured flammable panels tied to the deadly London tower fire in 2017, fell through after the company's board rejected offers from private. The private equity consortium that formed still faces competition from other buyout firms, including Apollo Global Management LLC (N: APO), the sources said. The private equity consortium that formed still faces competition from other buyout firms, including Apollo Global Management LLC (APO. 5%) when Reynobond PE was identified less than two weeks later as a potential contributor to the fire's rapid spread, the opinion said. CNBC's Sue Herera reports Arconic's stock jumped on news that Apollo Global is in talks to acquire the company. LLC to repurchase $200 million of Arconic’s common stock,. and hear what the experts at TheStreet are saying. Tower fire victims must be protected in any deal brokered by hedge fund. City officials believe the move will have a major economic impact on the region. June 28 (Reuters) - The United Steelworkers::USW, ARCONIC ANNOUNCE TENTATIVE AGREEMENT. 2 Min Read (Reuters) - Shares of Arconic Inc. Given Arconic's struggles since its 2016 spin-off from Alcoa, it's easy to see why shareholders were eager to take the sure thing of a cash buyout. Stock - ARNC news, historical stock charts, analyst ratings, financials, and today's Arconic Inc. "This is going to be a positive step. Jim Van Meerten's Daily Stock Picks highlights stocks you might want to consider for your portfolio, with Jim's editorials about current events and stock market commentary. A recent report claims that Arconic is a strong target for a buyout from several private equity firms. cx/SubscribeC. What's going on at Arconic (NYSE:ARNC)? View breaking news headlines for ARNC stock from trusted media outlets at MarketBeat. Feb 8 (Reuters) - Arconic said on Friday it would split into two companies and slashed its quarterly dividend by two-thirds, just weeks after the U. » Subscribe to CNBC: http://cnb. Arconic to Freeze Pension Plans for U. During its more than 20-year history, the company has established itself as a reliable and responsible supplier of business news and market analysis. is up over 7% on Monday as the company is the buyout target of a. The new group specializes in the engineering and manufacturing of light-weight parts and components (aluminum, titanium and. Explore commentary on Arconic Inc. Shares of Arconic (NYSE: ARNC) fell nearly 21% today after the company announced that its board of directors had nixed a deal to sell the business. stock news by MarketWatch. Arconic Inc. Stock - ARNC news, historical stock charts, analyst ratings, financials, and today's Arconic Inc. Reuters provides trusted. Apollo Global Management is nearing a deal to buy aluminum giant Arconic in a deal valued at roughly $22 a share, or $10. Daily Digital News offers breaking world news headlines and news media research information. 7% stake, has been. The private equity consortium that formed still faces competition from other buyout firms, including Apollo Global Management LLC (APO. Find real-time ARNC - Arconic Inc stock quotes, company profile, news and forecasts from CNN Business. Arconic stock, which plunged to a new 52-week low ($15. The firm has reportedly reached advanced talks to purchase European packaging giant RPC for more than $3. Posted January 23, 2019. Metals News. is weighing takeover approaches from at least two private-equity groups, according to people familiar with the matter, in what would be one of the biggest recent leveraged buyouts. N), Carlyle Group LP (CG. A merger is an agreement to unite two existing companies into one new company. 30; Blankenship, according to reports, supported a buyout. News zur ICONIC MINERALS AKTIE und aktueller Realtime-Aktienkurs Iconic Disposes of its Interest in the Hercules Project, Nevada Arconic Makes the Case It Was Right to Reject Buyout Offer:. ET Arconic Inc. Significant investment from the company will go towards expanding capabilities of its hot mill facility. Stock - ARNC news, historical stock charts, analyst ratings, financials, and today's Arconic Inc. would have made for one of the biggest private equity buyouts of recent times. Don't cry over the deal's demise, though. Arconic (NYSE: ARNC) has been somewhat of an enigma since it was first assembled inside Alcoa. Find your local retiree club. is the subject of takeover interest from private-equity firms, according to people familiar with the matter. Shares of Arconic (NYSE: ARNC) fell nearly 21% today after the company announced that its board of directors had nixed a deal to sell the business. Union workers met to cast their votes Thursday, July 11. aluminum products maker Arconic Inc for more than US$11 billion, sources told Reuters. What it looks like now is a HUGE SCAM to buyout ARNC at fire sale prices! We sold today and won't look back at this SCAM!. Arconic to Freeze Pension Plans for U. (ARNC) is the subject of takeover interest from private-equity firms, according to people familiar with the matter. The multibillion-dollar sale of Arconic, which manufactured flammable panels tied to the deadly London tower fire in 2017, fell through after the company’s board rejected offers from private equity firms, including Apollo and Blackstone. Bitcoin Non-Commercial Speculator Positions: Large cryptocurrency speculators raised their bearish net positions in the Bitcoin futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. trade spat plays role in DuPont's half billion loss The News Journal EU 11:06 2-Aug-19 DuPont showcase Tychem® range at The Emergency Services Show Process & Control Today 08:05 2-Aug-19 DuPont de Nemours Reports Mixed Q2 Earnings, Raises Guidance Yahoo!. Arconic focuses on the following activities: Engineered Products and Solutions, Global Rolled Products, Transportation and Construction Solutions,. Apollo Global Management is nearing a deal to buy aluminum giant Arconic in a deal valued at roughly $22 a share, or $10. N), the sources said. The bank will vacate. may be only days away from a buy-out by private equity firm Apollo Global Management LLC according to unnamed sources who spoke to Bloomberg late last week. What it looks like now is a HUGE SCAM to buyout ARNC at fire sale prices! We sold today and won't look back at this SCAM!. Earlier this month, a Blackstone-led consortium completed the largest leveraged buyout since the crisis, taking over the financial data arm of Thomson Reuters, the parent of Reuters News. 278 reviews from current and former Arconic employees about Arconic culture, salaries, benefits, work-life balance, management, job security, and more. Arconic stock, which plunged to a new 52-week low ($15. Honeywell Wants to Buy, and Will Get, Aerospace Firm Arconic. 51 on the news, giving the company a market capitalization of $10. us news The aluminum products maker has been mulling offers and sources tell CNBC a deal is likely. Arconic Inc. Significant investment from the company will go towards expanding capabilities of its hot mill facility. All the latest Broadcom news -- product and financial -- can be found in the Broadcom newsroom. The Daily News The LCN. Securities products and services offered to self-directed investors through ST Invest, LLC. Arconic Makes the Case It Was Right to Reject Buyout Offer Steady operational improvements have pushed shares up more than 50% year to date, above a January Mike Procissi liked this. The aluminum products maker has been mulling offers, and the sources tell CNBC a deal is likely in a few weeks. 2019 was 10. Alcoa took the corporate name of Arconic following the split in November 2016 of its aluminum, alumina and bauxite operations grouped into an entity called Alcoa Corporation. WHITEHALL — Aerospace manufacturer Arconic Inc. Arconic has asked Apollo, as well as a buyout consortium led by Blackstone. News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services Arconic Weighs Buyout Approaches From Apollo and Blackstone-Carlyle. Stay connected with Alcoa! Sign up to get the latest Company news. 2019 was 10. 10:15 AM ET Track the latest news and stocks to watch in the. The firm has reportedly reached advanced talks to purchase European packaging giant RPC for more than $3. New York Stock News Headlines for Arconic Inc. Honeywell Wants to Buy, and Will Get, Aerospace Firm Arconic. The company is a spinoff of the world’s largest producer of aluminum Alcoa. Personal-equity agency Apollo International Administration APO 2. A metal manufacturer will soon be selling their rolling mill in Nash, Texas. Aerospace-parts maker Arconic Inc. All the latest Broadcom news -- product and financial -- can be found in the Broadcom newsroom. In trading on Monday, shares of Arconic Inc (Symbol: ARNC) entered into oversold territory, changing hands as low as $18. Premium subscribers receive complete access to our daily breaking news, premium stories, weekly Fundraising & IR Review, Knowledge Bank and LP profiles - all which are accessible via our mobile platform. "With frequent press reports about. Feb 8 (Reuters) - Arconic said on Friday it would split into two companies and slashed its quarterly dividend by two-thirds, just weeks after the U. Apollo Nears Deal to Buy Arconic for More Than $10 Billion Apollo Global is nearing a deal to buy Arconic for more than $10 billion, ending months of negotiation over what would be one of the largest leveraged buyouts in recent years. Bottom line: "Should there be a deal, it would be the latest in a string of double-digit-billion leveraged buyouts from the likes of Blackstone, KKR and Carlyle Group. City officials believe the move will have a major economic impact on the region. 7% stake, has been. The aluminum products maker has been mulling offers, and the sources tell CNBC a deal is likely in a few. The aluminum products maker has been considering some offers, and the sources tell Bigtime Daily that a deal is likely to take place within a few weeks. The aluminum products maker has been mulling offers, and the sources tell CNBC a deal is likely in a few weeks. The company cares about their employees. Apollo Global Management reportedly offered $11 billion last month, while another bidding group. Get detailed information about the Arconic Inc (ARNC) stock including price, charts, technical analysis, historical data, Arconic Inc reports and more. Arconic will decide whether to agree to a sale later this month, the sources said, cautioning that there is no certainty of a deal. It amounts to 12 1/2. Appeals Court Rules Against Apple in Patent Dispute With VirnetX. Private-equity firm Apollo Global Management LLC is nearing a deal to buy Arconic Inc. ST Invest is a wholly owned subsidiary of StockTwits, Inc. Jan 22, 2019 · Arconic Inc. and hear what the experts at TheStreet are saying. Arconic shares climbed after Reuters reported that several private equity companies are joining forces to try to buy the aluminum products maker. 75% of the company as of Sept. Alight is partnering with Employee Benefit News and Employee Benefit Advisor for a discussion on the latest trends in benefits technology and how they impact the way you implement benefit programs for your organization and your people.