Citi Exclusive: Advisory on $1.1bn Ma’aden Mining Acquisition Explained

Citi has taken a pivotal role as the exclusive financial advisor in Alcoa Corporation’s strategic decision to sell its 25.1% stake in the Ma’aden Joint Venture to Saudi Arabian Mining Company (Ma’aden) for approximately $1.1 billion.

This significant transaction includes around 86 million shares of Ma’aden, valued at $950 million, and $150 million in cash.

The deal is a part