Rio Tinto and Chalco to acquire Votorantim's stake in CBA for $902.6 million

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) for approximately $902.6 million, through a joint venture owned 33% by Rio Tinto and 67% by Chalco.

“Rio Tinto and Aluminum Corporation of China Limited (Chalco) have entered into a definitive agreement with Votorantim to acquire... Votorantim’s 68.596% controlling shareholding in Companhia Brasileira de Alumínio (CBA).”markets.financialcontent.com

• 1 source
• markets.financialcontent.comBoston Herald - Boston news, sports, politics, opinion, entertainment, weather and obituaries - Rio Tinto strengthens its global low-carbon aluminium footprint through joint acquisition with Chalco of Votorantim's interest in CBAAssociated PressMar 6, 2019

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