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 […]