Alumina's legal challenge on Alcoa demerger pays off - The Australian

The bold legal challenge by Melbourne's Alumina to aluminium giant Alcoa's planned $US14 billion demerger plan has paid off handsomely. Instead of heading off to a Delaware court on September 20, the two companies have reached a settlement which ...

Alcoa and Alumina Ltd Agree to New Terms on AWAC, Ending Litigation - Aluminium Insider

Alcoa and Alumina Ltd announced an agreement to changes in the terms of the agreement that underlies the joint venture Alcoa World Alumina and Chemicals (“AWAC”). The agreement means the end of litigation begun earlier this year between the parties.

Alcoa Gains Freedom to Split Under Deal With Alumina - TheStreet.com

The owners of the world's biggest bauxite and alumina producer have buried the hatchet in a deal that could put Alumina in play. Paul Whitfield. Follow. Sep 2, 2016 7:15 AM EDT. Alcoa (AA) and Alumina have dropped legal action against each other after ...

Alcoa, Alumina settle AWAC dispute - Business News

Alcoa of Australia and Alumina have settled a dispute over their Western Australia-focused joint venture, which will pave the way for Alcoa to proceed with a split of its global operations. In a joint statement today, the two companies said they had ...

Alumina Rises Most in Five Months as Alcoa Dispute Settled - Bloomberg

Alumina Ltd. shares climbed the most in five months after settling a dispute with its joint-venture partner Alcoa Inc., a move that may spur takeover interest in the Australian company. Shares of Alumina, a partner with Alcoa in the world's largest ...

Alcoa, Alumina settle dispute, clearing hurdle to Alcoa split - Reuters

An Alcoa aluminum plant is seen in Alcoa, Tennessee, United States April 8, 2014. REUTERS/Wade Payne/File Photo. By Sonali Paul | MELBOURNE. MELBOURNE Alcoa Inc (AA.N) and Alumina Ltd (AWC.AX) have settled a dispute and agreed to reshape ...

Alumina Ends Legal Dispute With Alcoa, Opening Door To Bidders - Barron's (blog)

Australia's Alumina (AWC.Australia) soared 7.7% in Sydney today after settling legal disputes with joint venture partner U.S.-based Alcoa (AA). Alumina and Alcoa have been partners since the 1960s, with Alcoa owning 60% of Alcoa World Alumina and ...

Alcoa and Alumina strike a clever win-win deal - The Australian

Alumina's opportunistic bid for freedom via its threat to derail Alcoa Inc's demerger plans has ended with what appears to be a value-adding outcome for both parties. It's definitely improved Alumina's position. The litigation that threatened to ...

Alcoa Ends Legal Fight With Australian Partner Alumina - Wall Street Journal

Alcoa Inc. and joint-venture partner Alumina Ltd. have settled their dispute, ending competing litigation and removing a potential hurdle to Alcoa's plans to split into two new companies later this year. New York-based Alcoa and Melbourne, Australia ...

Alumina, Alcoa call off court action over demerger - The Australian

Aluminium giant Alcoa and Australia's Alumina have agreed to terminate their litigation over Alcoa's $16 billion demerger and make amendments to their joint venture agreement. The news helped drive a strong bid on Alumina shares this morning, which ...

Alcoa Settles Dispute With Australian Joint-Venture Partner - Bloomberg

Alcoa Inc. said it agreed to settle a dispute with its joint-venture partner in Australia over a plan to split the aluminum producer into two companies as part of a corporate reshuffling. New York-based Alcoa and Melbourne-based Alumina Ltd. agreed to ...

Alcoa Inc. and Alumina Limited Announce Amendments to AWAC Joint Venture - Business Wire (press release)

NEW YORK & MELBOURNE, Australia--(BUSINESS WIRE)--Alcoa Inc. (NYSE:AA) (“Alcoa”) and Alumina Limited (ASX:AWC) (“Alumina”) today announced that they have agreed to make certain changes to the Alcoa World Alumina and Chemicals (“AWAC”) ...