South32 delays closing of additional Mozal Aluminium stake acquisition to mid-2022

South32 announced a delay in the expected closing date of its acquisition of an additional shareholding in Mozal Aluminium from Mitsubishi, now expected to complete in mid-2022 pending regulatory approval in Mozambique.

“Should the remaining conditions, including approval from the Competition Regulatory Authority in Mozambique be satisfied, the acquisition is now expected to complete in mid CY22.”listcorp.com

• 1 source
• listcorp.comUpdate on acquisition of additional shareholding in Mozal Aluminium - South32 Limited (JSE:S32) - Listcorp.Mar 30, 2022

Summarized from public sources; check the original articles before acting on it.