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Alumina (AWC) soars 11% premarket after China's Citic says it will take a 13% stake in the...
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Thursday, February 14, 7:24 AM ETAlumina (AWC) soars 11% premarket after China's Citic says it will take a 13% stake in the Australian company for about $468M. The price represents a 3% premium to Alumina's previous Sydney close. The big move in the stock suggests to some Citic may seek a total takeover of the company.
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