Chalco Plans to Acquire Chinalco High-end Manufacturing's Slab Ingots Assets

MT Newswires Live11-20

Aluminum Corp. of China (SHA:601600, HKG:2600) or Chalco is planning to acquire the slab ingots assets held by Chinalco High-end Manufacturing, according to a Tuesday filing with the Shanghai Stock Exchange.

The transaction price, 175.4 million yuan, is the net value of the assets after evaluation, Chalco said.

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