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According to WSJ, Arconic (ARNC) approached by buyout firms

  • July 16, 2018


StockArconic Inc.SymbolARNC
Date Announced07/13/2018Source The Wall Street Journal
TypeNews Report

Aerospace-parts maker Arconic Inc. (ARNC) is the subject of takeover interest from private-equity firms, according to people familiar with the matter.


July 25, 2018: Arconic (ARNC) weighs buyout approaches from Apollo (APO) and Blackstone (BX) -Carlyle (CG) Pairing

August 25, 2018: Arconic (ARNC) is speaking with private equity firms that have shown interest in acquiring the company, including a consortium of Blackstone Group LP (BX) and Carlyle Group LP (CG) , another consortium of KKR & Co and Onex Corp, as well as Apollo Global Management LLC (APO), the sources said on Friday.

October 07, 2018: Blackstone Group LP (BX), Carlyle Group LP (CG), Onex Corp and Canada Pension Plan Investment Board have joined forces in a bid to acquire aluminum products maker Arconic Inc (ARNC), according to people familiar with the matter.

October 23, 2018: Aluminum products maker Arconic Inc’s (ARNC) board of directors is mulling an $11 billion acquisition offer it received last Friday from buyout firm Apollo Global Management LLC (APO), according to people familiar with the matter.

October 31, 2018: Private equity firm Apollo Global Management LLC (APO) is in advanced negotiations to acquire U.S. aluminum products maker Arconic Inc (ARNC) for more than $11 billion, people familiar with the matter said on Tuesday.

December 03, 2018: Apollo Global Management LLC (APO) is the leading bidder to take aerospace manufacturer Arconic Inc. private after a months-long sale process, according to people familiar with the matter

January 02, 2019: Apollo Global Management LLC (APO) is in talks to buy Arconic Inc. (ARNC) for about $22 a share in a deal that could be reached by mid-January, according to people familiar with the matter.

January 15, 2019: Private-equity firm Apollo Global Management LLC (APO) is nearing a deal to buy Arconic Inc. (ARNC) for more than $10 billion, ending months of negotiation over what would be one of the largest leveraged buyouts in recent years.

January 22, 2019:Arconic (ARNC) shares fell 25 percent on Tuesday after the aluminum products maker said it was no longer pursuing a sale of the company, following reports that it was in talks with Apollo Global Management LLC (APO) to sell itself for more than $10 billion.

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