BloombergLean L·
Alcoa Bets on Aluminum Boom With $5.6 Billion South32 Deal
Alcoa Corp. has agreed to buy South32 Ltd.’s bauxite, alumina and aluminum assets in Australia, Brazil and South Africa in a deal valued at as much as $5.6 billion, cementing its position among the world’s largest aluminum producers as long-term demand strengthens.
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