Aluminum Corp. of China, known as Chalco, will take control of Yunnan Aluminum, which analysts said could make it the world's largest listed aluminum producer.
Shanghai and Hong Kong-listed Chalco will pay 6.66 billion yuan ($986.5 million) for around 19% of Yunnan Aluminum, the company said in a Sunday exchange filing. The per share price of 10.11 yuan represents a premium of 5.5% on Friday's closing price.
