Tag: Limited

Earnings call: Alcoa plans full acquisition of Alumina Limited

 stock analyst  04/18/2024  0 Comments on Earnings call: Alcoa plans full acquisition of Alumina Limited

Alcoa Corporation (NYSE: NYSE:AA) has announced its intentions to acquire Alumina (OTC:AWCMY) Limited, aiming for full ownership of the Alcoa World Alumina and Chemicals joint venture. The proposed all-stock deal, valued at approximately $2.2 billion, would see Alumina Limited shareholders owning 31.25% of the combined entity, with Alcoa shareholders holding the remaining 68.75%. The transaction is expected to close in Q3 2024, subject to shareholder and regulatory approvals.

ETMarkets AIF Talk: Betting on India, this fund manager turns Rs 1 cr investment into Rs 5 cr in 11 years

 stock analyst  04/16/2024  0 Comments on ETMarkets AIF Talk: Betting on India, this fund manager turns Rs 1 cr investment into Rs 5 cr in 11 years

Emkay Capital Builder achieved impressive 16.75% CAGR returns, growing an initial Rs 1 crore investment to Rs 5.5 crore over 11 years. Sachin Shah provided insights on India\’s per capita income and outlined strategies for a prosperous future. He also says he anticipates accelerated growth in five key themes in the coming years, presenting exceptional opportunities for bottom-up stock selection and the creation of winning portfolios.