Ashurst, Davis Polk-Led Alcoa To Buy Alumina In $2.2B Deal

By Al Barbarino (February 26, 2024, 12:29 PM EST) -- Ashurst LLP and Davis Polk & Wardwell LLP are guiding Pittsburgh-based Alcoa on a preliminary agreement to buy Australia's Alumina Ltd. at an implied equity value of about $2.2 billion, in a deal confirmed by Alumina on Monday....

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