Fairfax India Holdings Corporation (TSX: FIH.U) has announced a significant move in its investment strategy by entering into an agreement through its wholly-owned subsidiary to invest INR 6,955 million (approximately $83 million USD) for a 65% stake in Global Aluminium Private Limited (“Global Aluminium”). The transaction, pending customary closing conditions, is expected to finalize in […]
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 […]
