Metals firm Alcoa to split into two companies

Posted online September 28, 2015 | 11:45 am

Metals firm Alcoa announced today it would split into two publicly-traded entities next year.

The New York-based company said its legacy aluminum operations and higher-value and automotive businesses were no longer compatible.

The legacy aluminum firm will retain the name Alcoa. The other firm has yet to be named.

Read more from Reuters.

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