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Rio Tinto agreed to acquire Sumitomo Chemical Company Limited's 20.64% interest in New Zealand Aluminium Smelters (NZAS) for an undisclosed price, making NZAS 100% owned by Rio Tinto.
“Rio Tinto has entered into an agreement to acquire Sumitomo Chemical Company Limited’s (SCC’s) 20.64% interest in NZAS for an undisclosed price.”stocks.observer-reporter.com
Summarized from public sources; check the original articles before acting on it.