Aluminum Corp of China plans to buy remaining stakes in four subsidiaries

Aluminum Corp of China (Chalco) signed a framework agreement to issue shares to acquire the remaining equity in four subsidiaries: Chalco Shandong (30.80%), Zhongzhou Aluminum (36.90%), Baotou Aluminum (25.67%), and Chalco Mining (81.14%), making them wholly owned.

“公司拟向交易对方发行股份购买交易对方合计持有的中铝山东30.80%股权、中州铝业36.90%股权、包头铝业25.67%股权及中铝矿业81.14%股权。”beta.zhitongcaijing.com

• 1 source
• beta.zhitongcaijing.com中国铝业(02600)拟发行股份购买4家控股子公司余下股权Jan 11, 2018

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