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Alumina, Alcoa mull multi-billion merger

US corporation launches friendly all-scrip bid for partner

Haydn Black
A recovery in aluminium prices has boosted Alcoa’s fourth quarter earnings

Aloca is seeking to tighten its control of the aluminium space

ASX-listed Alumina has confirmed US-based Alcoa has approached it with a potential merger offer valuing it at A$3.3 billion. The non-binding, indicative and conditional offer is designed as a scheme...

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