Category: NYSEAA
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Alcoa to sell its 25.1% stake in Ma’aden JV for $1.1B (NYSE:AA)
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JHVEPHOTO/Istock is an editorial via Getty Images Alcoa (New York:AASaudi Electricity Company said on Sunday that it has entered into a binding agreement to purchase shares and subscribe with Saudi Arabian Mining Company (“Maaden”). Under the agreement, Saudi Aramco will sell its entire 25.1% stake in the Maaden joint venture…