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ASX-listed Alcoa to sell 25.1% stake in Ma’aden JV for $1.1B

Alcoa announced today it has agreed to sell its 25.1 per cent stake in the Ma’aden Joint Venture to Saudi Arabian Mining Company (Ma’aden) for approximately $1.1 billion. 
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APS Industrial expands regional footprint with Control Technologies acquisition

APS Industrial (APS) is expanding its regional presence through the acquisition of Albury-based Control Technologies, a move the industrial products supplier said will strengthen its local service capability and support further investment in warehousing, stockholding and technical support.