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Arconic Inc (ARNC.N)

ARNC.N on New York Stock Exchange

18.71USD
6:33pm GMT
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Fri, Feb 8 2019

Arconic to split into two after rebuffing Apollo offer

Arconic said on Friday it would split into two companies and slashed its quarterly dividend by two-thirds, just weeks after the U.S. aluminum products maker spurned a buyout offer from Apollo Global Management.

UPDATE 2-Arconic to split into two after rebuffing Apollo offer

Feb 8 Arconic said on Friday it would split into two companies and slashed its quarterly dividend by two-thirds, just weeks after the U.S. aluminum products maker spurned a buyout offer from Apollo Global Management.

Arconic plans to split up its two core businesses

Feb 8 U.S. aluminum products maker Arconic Inc said on Friday it would split its portfolio between the company's two core businesses - the aircraft and power generation components unit, and the sheet and plate products division - with one of them being spin off at a later date.

Arconic Chairman John Plant takes additional role of CEO

U.S. aluminum products maker Arconic Inc said Chairman John Plant will take on the additional role of chief executive officer on Wednesday, weeks after it rejected a takeover bid by private equity firm Apollo Global Management.

UPDATE 2-Arconic Chairman John Plant takes additional role of CEO

Feb 6 U.S. aluminum products maker Arconic Inc said Chairman John Plant will take on the additional role of chief executive officer on Wednesday, weeks after it rejected a takeover bid by private equity firm Apollo Global Management.

Arconic Chairman John Plant takes additional role of CEO

Feb 6 Arconic Inc said on Wednesday Chairman John Plant will also serve as the chief executive officer of the U.S. aluminum products maker, replacing Chip Blankenship, who assumed the role early last year.

Arconic no longer pursuing sale over price disagreements, shares tank

U.S. aluminum products maker Arconic Inc said on Tuesday it was no longer pursuing a sale of the company because it had not received an acceptable offer, sending its shares plunging as much as 21 percent.

UPDATE 3-Arconic no longer pursuing sale over price disagreements, shares tank

Jan 22 U.S. aluminum products maker Arconic Inc said on Tuesday it was no longer pursuing a sale of the company because it had not received an acceptable offer, sending its shares plunging as much as 21 percent.

Aluminum products maker Arconic no longer pursuing a potential sale

Jan 22 Arconic Inc is no longer pursuing a potential sale of the company, the aluminum products maker said on Tuesday.

Apollo Global nears deal to buy Arconic for more than $10 billion: WSJ

Apollo Global Management LLC is nearing a deal to buy U.S. aluminum products maker Arconic Inc for more than $10 billion, the Wall Street Journal reported on Tuesday.

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