Apollo in talks to buy Arconic Corporation, reveals the WSJ - Part 2
The Wall Street Journal has just trotted out another story about Apollo purchasing US-listed Arconic Corporation.
According to the WSJ, Apollo is "nearing a deal" to buy industrial parts maker Arconic for around $30 a share or $3 billion.
This report comes after the newspaper revealed Apollo was sniffing around Arconic in February this year.
Shares in Arconic have leapt 30pc in the US pre-market.
Below is a link to the WSJ scoop:..