Executive Leadership Change ARCONIC recently appointed a new CEO and CFO, indicating a potential shift in strategic direction and a willingness to engage in new partnerships or business opportunities.

Strong Financial Performance Despite challenges in the aluminum market, ARCONIC reported solid Q2 earnings, highlighting their resilience and capacity for potential investments or collaborations.

Upcoming Acquisition by Apollo Funds The impending acquisition of ARCONIC by Apollo Funds presents an opportunity for partnership or service provision with the new ownership for mutual growth.

Industry Expansion Chesapeake Energy's inclusion in the S&P MidCap 400 at the expense of ARCONIC suggests a shift in focus towards new industries, potentially opening up avenues for collaboration or exploration of synergies.

Shareholder Approval for Acquisition The approval by ARCONIC shareholders for the acquisition by Apollo Funds indicates a positive outlook for future collaborations and strategic alignments under the new ownership.