Alcoa has sold a 20% stake in Australian pipeline for $154 million



American aluminium producer Alcoa sold the company Duet Group, which owns energy assets, 20% share in the Australian pipeline to transport natural gas.

Note that the amount of the transaction amounted to $154 million and is scheduled to close April 1. After the completion of the transaction, the Duet Group will own 100% stake in this pipeline.



Alcoa has sold a 20% stake in Australian pipeline for $154 million 31.03.2016

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