Alcoa (AA), one of the world's largest aluminum producers, has finalized a deal to acquire Alumina Limited (AWCMY) for an estimated $2.2 billion.
Alumina said its independent nonexecutive directors and CEO recommend shareholders vote in favor of the proposed takeover.
Alcoa said it has agreed to acquire Alumina in a deal that values the Australian company's equity at roughly $2.2 billion, concluding weeks of talks over a offer that will help to cement the U.S. comp
Manufacturing remains a big part of America's economy. The U.S. today is the second largest manufacturer in the world after China.
Alcoa (AA) concluded the recent trading session at $26.32, signifying a -1.42% move from its prior day's close.
Alcoa Corporation (AA) BMO 33rd Global Metals, Mining & Critical Minerals Conference (Transcript)

Alcoa Stock Dips on Alumina Merger

10:54am, Monday, 26'th Feb 2024
The shares of Alcoa Corp (NYSE:AA) are sliding today, after news that the company is aiming to buy Alumina for $2.2 billion in an all-stock deal.
Shares in Alcoa (AA) lost ground in premarket trading Monday after the aluminum producer made a $2.2 billion all-stock offer to buy its Australian joint-venture partner Alumina (AWCMY) in a bid to exp
The deal increases Alcoa's ownership in bauxite mines and alumina refineries.
Alcoa (AA) closed the most recent trading day at $27.75, moving -0.75% from the previous trading session.
It's tough to make the argument that stocks are cheap. But it's still possible to find some value.
Shares of Alcoa Corp. were suffering their worst day in 10 months amid growing concerns about Donald Trump's plans to start a trade war with China if he is elected president in November.
ATOME Energy PLC (AIM:ATOM) has announced it will change its name, to ATOME PLC, to better reflect the company's focus on industrial-scale green fertiliser. The company said it will retain the current
Alcoa and other depressed aluminum stocks bounced on news the European Union may impose a broader ban of imports from Russia.
Alcoa (AA) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE