Alcoa Completes Strategic Acquisition of Alumina Limited

Don't Miss our Black Friday Offers:

Alcoa ( (AA) ) has shared an update.

Alcoa Corporation has completed the acquisition of Alumina Limited, taking on $385 million of its debt under a revolving credit facility. By November 2024, Alcoa repaid and cancelled all outstanding commitments, effectively terminating the agreement without incurring any penalties, offering a strategic move for potential investors observing Alcoa’s financial maneuvers.

For detailed information about AA stock, go to TipRanks’ Stock Analysis page.

Trending Articles

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.