Alcoa acquires strategic South32 assets

U.S.-headquartered Alcoa has entered into a definitive agreement to acquire Australia-based South32 Limited’s interests in a bauxite mine, alumina refinery, and aluminum smelter operations in a cash and stock transaction for an upfront consideration of $4.1 billion.  “This is exactly the type of opportunity Alcoa is built to execute,” explained William F. Oplinger, president and chief executive officer of Alcoa.…

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