Alba to Buy French Smelter Aluminium Dunkerque for $2.2bn
Alba will acquire the EU's largest aluminium smelter for $2.2 billion. French state bank Bpifrance is set to take a 6% stake as part of the transaction.
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Aluminium Bahrain (Alba) will acquire Aluminium Dunkerque in a $2.2 billion deal to secure the largest aluminum smelter in the European Union. The transaction includes a €100 million investment from the French state-backed bank Bpifrance for a 6% stake. This acquisition provides the Bahrain-based producer a critical operational foothold in Europe as global supply chains shift.
