Deadline Suralco take-over extended with 1 month

Suralco forced

The take-over  of the Surinam Aluminum Company (Suralco)  by the Surinamese government which had been scheduled to take place on July 1, 2015 has been extended with 1 month.  Alcoa and the Surinamese government made this announcement in a joint statement. According to the statement, both parties need more time to finish some things before the transaction can take place. Parties hope to be ready on August 1 so that Suralco can finally be sold to Suriname. Alcoa, the world’s leading aluminium producer, in March 2015 said it is in talks to sell its Suriname operation to a government-owned entity. “…[+]