# Alcoa to acquire Alumina Limited in all-stock transaction

Alcoa Corporation has entered into an agreement with Alumina Limited on terms and process for an all-stock acquisition. Alumina Limited shareholders would receive 0.02854 Alcoa shares per share, implying an equity value of approximately $2.2 billion.

- Type: Acquisition
- Announced: 2024-02-25
- Value: $2.20B
- Status: announced
- Products: bauxite, alumina, aluminum
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Alcoa Corporation](https://endata.com/companies/7297.md) (acquirer)
- [Alumina Limited](https://endata.com/companies/75847.md) (target)

## Sources

- [investors.alcoa.com](https://investors.alcoa.com/press-releases/press-release-details/2024/Alcoa-Announces-Agreement-With-Alumina-Limited-on-Terms-and-Process-to-Acquire-Alumina-Limited-in-All-Stock-Transaction/default.aspx), 2024-02-25: "Alcoa today announced that it has entered into an agreement with Alumina Limited on terms and process for the acquisition of Alumina Limited."

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