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MarketBeat
MarketBeat
Jeffrey Neal Johnson

Alcoa's $4.1 Billion South32 Deal: Opportunity Behind the 9% Drop

Alcoa South32 NYSE Constellium

When an industrial sector powerhouse announces a multi-billion dollar acquisition, the market's first reflex is almost always to sell.

Institutional investors are notoriously skittish toward aggressive mergers and acquisitions in cyclical sectors unless they see immediate, verifiable free cash flow accretion.

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