Alcoa to acquire Alumina Limited in strategic all-stock deal worth $2.2bn

Alcoa to acquire Alumina Limited in strategic all-stock deal worth $2.2bn

Alcoa Corporation (NYSE: AA) and Alumina Limited (ASX: AWC) have officially announced a significant development in their corporate relationship, signaling a strategic consolidation in the metals sector. Under a binding Scheme Implementation Deed, Alcoa will acquire Alumina Limited through an all-scrip (all-stock) transaction, a move that not only reshapes the landscape of the aluminum industry […]

Alcoa announces acquisition of Alumina Limited in $2.2bn all-stock deal

Alcoa announces acquisition of Alumina Limited in $2.2bn all-stock  deal

In a significant development in the global aluminum sector, Alcoa Corporation (NYSE: AA), a leading name in the production of bauxite, alumina, and aluminum products, has announced its plans to acquire Alumina Limited (ASX: AWC), marking a major consolidation move within the industry. The deal, valued at approximately $2.2 billion based on Alcoa’s closing share […]