Alcoa (AA) Closes Ma’aden Transaction
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/4/2026
- Wall Street ends lower as Middle East tensions escalate
- Broadcom results, guidance beat on soaring AI chip sales; stock slips after hours
- Broadcom's sales and AI chip forecast comes in below expectations, shares tumble
- SpaceX sets IPO price at $135 ahead of roadshow in break with Wall Street norms
- Oil gains as Middle East hostilities flare
- Morgan Stanley lifts MU and SNDK targets, sees 2-3 years of tight memory supply
- Navitas showcases 800V power delivery board at NVIDIA MGX ecosystem event
- Inotiv files for bankruptcy with $65 million financing commitment
- Broadcom results, guidance beat on soaring AI chip sales; stock slips after hours
- Wall Street ends lower as Middle East tensions escalate
- After-Hours Stock Movers: AVGO, CRWD, FIVE, AI, TLYS, NTSK,
- After-Hours Stock Movers: PANW, CRWD, ZS, GTLB, ULTA
- After-Hours Stock Movers: HPE, CRDO, FULC, ABVX, MCHP
- After-Hours Stock Movers: DELL, MDB, AEO, NTAP, GAP, S, ADSK
- After-Hours Stock Movers: CRM, MRVL, SNOW, HPQ, DDOG, MDB, P, SNPS, BRZE, NCNO
Alcoa Announces Closing of Ma’aden Transaction
July 1, 2025 4:15 PM EDTAlcoa receives $1.35 billion of proceeds in Maaden shares and cash
PITTSBURGH--(BUSINESS WIRE)-- Alcoa Corporation (NYSE: AA; ASX: AAI) (Alcoa or the Company) today announced the successful closing of the Companys sale of its full ownership interest of 25.1% in the Maaden Joint Venture (the Joint Venture) to Saudi Arabian Mining Company (Maaden), pursuant to a binding share purchase and subscription agreement (the Agreement). Alcoa received proceeds of approximately 86 million shares of Maaden (valued at approximately $1.2 billion) and $150 million in cash (to be used primarily for related taxes and transaction... More
