Alcoa to buy UK aerospace parts maker

Written By David Grossman

Worcester Telegram

Alcoa Inc., the largest U.S. aluminum producer, agreed to buy U.K. aerospace-components maker Firth Rixson Ltd. for about $2.85 billion in stock and cash as it expands further into downstream manufacturing. Alcoa will pay $2.35 billion in cash and $500 ...

David Grossman
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