Chalco to acquire 19% stake in Yunnan Aluminium for 6.66 billion yuan

Aluminum Corporation of China Limited (Chalco) announced it will acquire a 19% stake in Yunnan Aluminium from Yunnan Metallurgical Group for 6.662 billion yuan in cash, becoming the largest shareholder with 29.10% ownership.

“After the transaction is completed, Chalco would become the largest shareholder of Yunnan Aluminium, holding 29.10% of the shares.”news.metal.com

• 2 sources
• news.metal.comChalco Acquires 19% Stake in Yunnan Aluminium for 6.6 Billion Yuan - Shanghai Metals Market (SMM)Jul 25, 2022
• 21jingji.com千亿大整合！“中国神铝”来了！ - 21经济网Jul 25, 2022

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