# 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.

- Type: Acquisition
- Announced: 2022-03-30
- Where: Mozambique
- Status: announced
- Products: aluminium
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Mitsubishi Corporation](https://endata.com/companies/575.md) (target)
- [South32](https://endata.com/companies/33959.md) (acquirer)
- [Mozal Aluminium](https://endata.com/companies/61968.md) (target)

## Sources

- [listcorp.com](https://www.listcorp.com/jse/s32/south32-limited/news/update-on-acquisition-of-additional-shareholding-in-mozal-aluminium-2690502.html), 2022-03-30: "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."

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