# 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.

- Type: Acquisition
- Announced: 2018-01-11
- Where: China
- Status: announced
- Products: aluminum products, mining
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Chalco Shandong](https://endata.com/companies/20412.md) (target)
- [Aluminum Corp of China](https://endata.com/companies/29334.md) (acquirer)
- [Zhongzhou Aluminum](https://endata.com/companies/29335.md) (target)
- [Baotou Aluminum](https://endata.com/companies/29336.md) (target)
- [Chalco Mining](https://endata.com/companies/29337.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/100886.html), 2018-01-11: "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。"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.