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 […]