Alcoa to acquire most of South32's aluminium portfolio for up to $8 billion

Alcoa's proposed acquisition of most of South32's aluminium portfolio, with an implied enterprise value of up to US$5.6 billion ($8 billion), remains on track for completion in the first half of 2027. South32 shareholders approved the transaction on 15 October 2026, and regulatory clearances are pending.

“Alcoa says its proposed acquisition of most of South32’s aluminium portfolio remains on track for completion in the first half of 2027”mining.com.au

• 1 source
• mining.com.auAlcoa advances $8 billion South32 aluminium dealFrance PinzonNov 7, 2026

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