Corporates
Key Facts
—The deal. Alcoa agreed to buy South32’s bauxite, alumina and aluminum interests for about $4.1bn upfront on June 30.
—Structure. The price is $3.1bn in cash plus about 17 million new Alcoa shares worth roughly $1bn, near 6% of the company.
—Brazil. The assets include South32’s stakes in the Alumar complex in Maranhão and the Mineração Rio do Norte bauxite mine.










