Alcoa To Postpone Closing Italy Aluminum Smelter, Seek Buyer

Fox Business Wednesday 28th March, 2012

Alcoa Inc. (AA) has agreed to delay closing its Italian aluminum smelter until at least September while it looks for potential buyers, the company said on Wednesday.Alcoa had planned to close its Portovesme smelter in Sardinia during the first half of the year. But the company said it has reached an agreement on Tuesday with labor unions and Italy'...

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