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Friday, October 24, 2014

BRIEF-Century Aluminum acquires full ownership of Mt. Holly smelter, (NASDAQ: CENX)

Century Aluminum Co : * Announces agreement to acquire full ownership of Mt. Holly smelter* Says that its wholly owned subsidiary has entered into a definitive agreement to acquire Alcoa's 50.3 percent stake in Mt. Holly aluminum smelter* Says will acquire Alumax of South Carolina for $67.5 million in cash less certain amounts owed by Alumax to Mt. Holly and subject to working capital and other similar adjustments* Says following closing of transaction, Century will own 100 percent of Mt. Holly Source text for Eikon: Further company coverage: (; +48 58 698 3920)

Century Aluminum Company (Century) is engaged in producing aluminum. Shares of CENX traded higher by 2.44% or $0.63/share to $26.46. In the past year, the shares have traded as low as $8.28 and as high as $29.54. On average, 1423160 shares of CENX exchange hands on a given day and today's volume is recorded at 2560995.