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Apollo Global Emerges as Leading Bidder for Arconic

BNN Bloomberg

(Bloomberg) -- Apollo Global Management LLC is the leading bidder to take aerospace manufacturer Arconic Inc. private after a months-long sale process, according to people familiar with the matter. Apollo made a final offer for Arconic last week that was selected over a bid from a rival group of private equity investors, said the people, who asked not to be identified discussing the negotiations. Terms of the deal couldn’t immediately be learned...

Mentions: Management Arconic Sale