CAPITAL MARKETS

Rio finalises Alcan divestment

MINING major Rio Tinto has completed the divestment of is 61%-owned Alcan Engineered Products to several investment funds, securing $US11 billion ($A10.93 million) from its divestment process since 2008.

MiningNews.Net

Rio finalises Alcan divestment

The stakes were sold to certain investment funds affiliated with Apollo Global Management and the Fonds Strategique d’Investissement (FSI). Apollo is now the majority shareholder of Alcan Engineered...

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