Brief: Alcoa Announces Strategic Acquisition Of South32’S Bauxite, Alumina, And Aluminum Assets For $4.1 Billion

South32

30/06/2026 22:38

June 30 (Reuters) - Alcoa Corp AA.N:
ALCOA ANNOUNCES STRATEGIC ACQUISITION OF SOUTH32’S BAUXITE, ALUMINA, AND ALUMINUM ASSETS FOR $4.1 BILLION
ALCOA CORP - TO BUY SOUTH32'S BAUXITE, ALUMINA, AND ALUMINUM ASSETS FOR $4.1 BILLION
ALCOA CORP - DEAL IMPLIES ENTERPRISE VALUE OF ABOUT $4.7 BILLION
ALCOA CORP - TO PAY $3.1 BILLION CASH AND 17 MILLION NEW SHARES VALUED AT $1 BILLION
ALCOA CORP - DEAL EXPECTED TO GENERATE $900 MILLION IN NET PRESENT VALUE SYNERGIES
ALCOA CORP: DEAL EXPECTED TO BE ACCRETIVE TO ALCOA'S EARNINGS PER SHARE AND FREE CASH FLOW IMMEDIATELY FOLLOWING CLOSING
ALCOA CORP: SOUTH32 MAY RECEIVE UP TO $750 MILLION IN AGGREGATE ACCORDING TO TERMS OF A CVR
ALCOA CORP: SECURED FULLY COMMITTED FINANCING FOR TRANSACTION IN FORM OF AN INITIAL $3.1 BILLION BRIDGE COMMITMENT
Source text: ID:nBw8nXwV8a
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