Mumbai: Hindalco Industries Ltd will buy out US-based AluChem Companies Inc., a manufacturer of speciality alumina, for $125 million as it ventures into high-tech alumina.

Hindalco Industries, through its subsidiary Aditya Holdings LLC, will acquire AluChem Companies Inc for $125 million. This all-cash deal aims to bolster Hindalco's specialty alumina portfolio ...

Hindalco Industries Limited announced that it has acquired 100% equity shares in US-based AluChem Companies. The transaction value is fixed at $125 Million. The company plans to execute the deal ...

Hindalco Industries Ltd has acquired 100 percent equity stake in US-based specialty alumina manufacturer AluChem Companies for $125 million, a company statement said on June 24.

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