Alcoa Corporation (AA) has disclosed a new risk, in the Regulation category.
Alcoa Corporation faces significant uncertainty concerning the completion of its pending Transaction, contingent on securing various governmental and court approvals. The intricacies of obtaining clearances under Australian antitrust and foreign investment laws, as well as Brazilian antitrust regulations, add layers of complexity that could lead to delays or even prevent the deal from finalizing. The required court endorsement further complicates the scenario, with no guarantees that the necessary authorizations will align with the stipulations of the Agreement or be granted within a favorable timeframe.
The average AA stock price target is $34.81, implying -5.33% downside potential.
To learn more about Alcoa Corporation’s risk factors, click here.