Alcoa completes sale of 25.1% stake in Ma’aden JV for $1.3B

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Alcoa (NYSE:AA) +1.7% pre-market Wednesday after saying it finalized the sale of its 25.1% ownership in the Ma'aden joint venture to Saudi Arabian Mining Company (Ma'aden) for ~86M Ma'aden shares valued at ~$1.2B and $150M in cash.

Alcoa (NYSE:

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