South32 CEO: Initial Return of About $500 Million Via Special Dividend
South32 CEO: Initial Return of About $500 Million Via Special Dividend
South32 CEO: Portfolio To Be Focused on High-Quality, Long-Life Assets With Attractive Markets
South32 CEO: Portfolio To Be Focused on High-Quality, Long-Life Assets With Attractive Markets
South32 CEO: Expects $125 Million Annual Reduction in Overhead Costs
South32 CEO: Expects $125 Million Annual Reduction in Overhead Costs
South32 Ex-CEO Kerr: Deal With Alcoa Unlocks Significant Value For Shareholders
South32 Ex-CEO Kerr: Deal With Alcoa Unlocks Significant Value For Shareholders
South32: Graham Kerr Will Continue as Strategic Advisor to Support Transaction
South32: Graham Kerr Will Continue as Strategic Advisor to Support Transaction
South32: Matthew Daley Commences as CEO
South32: Matthew Daley Commences as CEO
South32: Idled Mozal Smelter Excluded From Transaction With Alcoa
South32: Idled Mozal Smelter Excluded From Transaction With Alcoa
South32: Divestment of Mozal Under Consideration
South32: Divestment of Mozal Under Consideration
South32 to sell bulk of aluminium portfolio to Alcoa for up to $5.6 bln
By Melanie Burton and Shivangi LahiriAustralia's South32 ASX:S32 said on Wednesday it has agreed to sell most of its aluminium assets to Alcoa NYSE:AA for an implied enterprise value of up to $5.6 billion, as the diversified miner streamlines its business to focus on copper under a new CEO.For Alc…
dow-jones
Alcoa to Acquire Mining, Processing Assets From South32 for $4.1B
By Elias SchisgallAlcoa will acquire a set of interests in mining and processing assets from South32 for about $4.1 billion in cash and stock.The deal includes stakes in a bauxite mine, alumina refinery, and aluminum smelter operations, Alcoa said Tuesday. It has an enterprise value of about $4.7 b…
quartr
AA: $4.1B acquisition of South32 assets boosts scale, synergies, and global aluminum leadership
Alcoa will acquire South32's bauxite, alumina, and aluminum assets for $4.1 billion in cash and stock, plus a contingent value right of up to $750 million, aiming for $900 million in synergies and immediate accretion to earnings. The deal strengthens global scale and is set to close in H1 2027.Orig…
quartr
AA: $4.1B acquisition boosts scale, synergies, and market leadership in upstream aluminum
A $4.1B acquisition of bauxite, alumina, and aluminum assets will expand production capacity, generate $900M in synergies, and strengthen cost competitiveness. The deal is expected to close in H1 2027, enhancing market position and long-term growth prospects.Original document: Alcoa Corporation [AA…
South32 Announces $5.6B Aluminium Value Chain Sale To Alcoa
South32 Ltd ASX:S32:
South32 to sell aluminium assets to Alcoa for up to $5.6 bln
Australia's South32 ASX:S32 said on Wednesday it has agreed to sell its aluminium value chain assets to Alcoa NYSE:AA for an implied enterprise value of up to $5.6 billion.Seprately, the diversified miner also announced that Matthew Daley has commenced as chief executive officer and managing direct…
Alcoa: South 32 Deal Establishes New Presence in South Africa
Alcoa: South 32 Deal Establishes New Presence in South Africa
Alcoa: South 32 Deal Reinforces Long-Term Commitment, Investment in Australia and Brazil
Alcoa: South 32 Deal Reinforces Long-Term Commitment, Investment in Australia and Brazil
reuters
Alcoa Sees South32 Deal Helping EPS, Free Cash Flow Immediately After Closing >AA
Alcoa Sees South32 Deal Helping EPS, Free Cash Flow Immediately After Closing >AA
Alcoa: South32 Deal Has Contingent Value Right of Up to $750M
Alcoa: South32 Deal Has Contingent Value Right of Up to $750M
Alcoa to Buy South32's Bauxite, Alumina, and Aluminum Assets for About $4.1B >AA
Alcoa to Buy South32's Bauxite, Alumina, and Aluminum Assets for About $4.1B >AA