Almatis equity sale proposed
Published: Thursday, 26 November 2009
Dubai’s DIC proposes offering 40% stake in alumina producer to lenders
International Capital LLC (DIC), owner of Almatis GmbH, has
proposed offering a 40% stake in the German speciality alumina
producer to junior lenders in a debt-for-equity swap.
According to a source close to Almatis, the offer was
presented to a broad lender base in London on Wednesday,