Alcoa Inc. Acquires Reynolds Metals Co
Alcoa completed the acquisition of Reynolds Metals.
PITTSBURGH — Alcoa Inc., the world’s biggest aluminum producer, completed the acquisition of Reynolds Metals Co. for $4.5 billion. Under conditions imposed by trade regulators, Alcoa must divest Reynolds’s 25% stake in a Longview, WA, smelter and all of Reynolds’s alumina-refinery holdings.
PITTSBURGH — Alcoa Inc., the world’s biggest aluminum producer, completed the acquisition of Reynolds Metals Co. for $4.5 billion. Under conditions imposed by trade regulators, Alcoa must divest Reynolds’s 25% stake in a Longview, WA, smelter and all of Reynolds’s alumina-refinery holdings.
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