Rio Tinto and Chalco to acquire Votorantim's controlling stake in CBA

Rio Tinto and Aluminum Corporation of China Limited (Chalco) have entered into a definitive agreement to acquire Votorantim's 68.596% controlling shareholding in Companhia Brasileira de Alumínio (CBA) through a joint venture owned 33% by Rio Tinto and 67% by Chalco, for approximately $902.6 million.

“Rio Tinto and Aluminum Corporation of China Limited (Chalco) have entered into a definitive agreement with Votorantim to acquire, through a joint venture to be owned 33% by Rio Tinto and 67% by Chalco, Votorantim’s 68.596% controlling shareholding in Companhia Brasileira de Alumínio (CBA).”business.sherbrookerecord.com

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• business.sherbrookerecord.comContact Us - Sherbrooke Record - Rio Tinto strengthens its global low-carbon aluminium footprint through joint acquisition with Chalco of Votorantim's interest in CBARio TintoMay 25, 2018

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