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Alcoa, US sells 25.1% stake in Ma’aden joint venture in Saudi Arabia
On September 15, Alcoa entered into a binding share purchase and subscription agreement with Saudi Arabian Mining Company (Ma’aden), under which Alcoa will sell its full ownership interest of 25.1% in the Ma’aden joint venture (JV) to Ma’aden for approximately USD 1.1 billion. The JV was created in 2009, as a fully i....
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