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ALCOA, a world leading U.S. aluminum producer, will pay US$410 million in common stock to Brazilian industrial conglomerate Camargo Group for its 40.9% in Alcoa's South American operations.


ALCOA, a world leading U.S. aluminum producer, will pay US$410 million in common stock to Brazilian industrial conglomerate conglomerate, in business
conglomerate, corporation whose asset growth, often very rapid, comes largely through the acquisition of, or merger with, other firms whose products are largely unrelated to each other or to that of the parent company.
 Camargo Camargo may refer to one of these places:
  • Camargo, Rio Grande do Sul, Brazil
  • Camargo, Chihuahua, Mexico
  • Camargo, Tamaulipas, Mexico
  • Camargo, Cantabria, a municipality in the province of Cantabria, Spain
  • Camargo, Illinois, USA
  • Camargo, Kentucky, USA
 Group for its 40.9% in Alcoa's South American operations 'South American' operation Surgical oncology A radical operation for 'frozen' pelvis, which consists of en bloc resection of the uterus and rectum. See Frozen pelvis. Cf 'All-American' and 'North American' operations. . Alcoa has operations in Brazil, Argentina, Chile, Uruguay, Peru, Colombia and Venezuela.
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Author:Diaz, Oscar
Publication:Latin Trade
Article Type:Brief Article
Geographic Code:3BRAZ
Date:Jul 1, 2003
Words:43
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