Arconic sells stake in Alcoa for around USD890 million
To use proceeds to pay debt or repurchase shares
Arconic has divested 60% of the new Alcoa shares it received when the company was split into two companies in November last year, according to a company press release yesterday (15 February).
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
