AWC

Alcoa swoops with $3.4b bid to acquire Australia’s Alumina

Aluminium giant Alcoa has entered into an agreement to acquire 100% of its Australian partner Alumina (ASX: AWC). Alumina owns 40% of Alcoa World Alumina and Chemicals (AWAC), a joint venture (JV) with Alcoa and is the operator of its global business. The proposed deal will merge US-headquartered Alcoa’s ownership of a global portfolio of […]