Chinalco, Rio Tinto to buy 68.6% stake in Brazil's CBA for $903.6 million

About this update from Companhia Brasileira De Aluminio

Aluminium Corporation of China (Chinalco) SSE:601600 and Rio Tinto ASX:RIO have proposed to acquire 68.6% stake in Brazilian aluminium producer Companhia Brasileira de Aluminio BMFBOVESPA:CBAV3, known as CBA, for 4.69 billion reais ($903.61 million), Chinalco said on Friday. ($1 = 5.1892 reais)

View stock analysis, news, and events for Companhia Brasileira De Aluminio