Entrepreneurs Summit leader: ‘We can grow together’
Dave Thompson
Arconic Corp., whose operations include Arconic Davenport Works in Riverdale, Iowa, has been sold to Apollo Global Management in a $5.2 billion deal. CREDIT JOHN SCHULTZ
Anytime one of the region’s largest and most important businesses gets sold to a private equity firm there’s bound to be countless questions.
And that’s certainly the case with Apollo Global Management Inc.’s purchase of Arconic Corp., the eighth-largest employer in the Quad-Cities, with 2,400 union and nonunion employees, according to the company. Arconic, headquartered in Pittsburgh, Pennsylvania, has about 13,400 employees throughout the company.
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