Mumbai, June 26 -- Hindalco Industries Limited, the metals flagship of the Aditya Birla Group, has announced the acquisition of a 100 percent equity stake in the US-based AluChem Companies Inc, a prominent manufacturer of specialty alumina, for an enterprise value of USD 125 million. The acquisition will be carried out through Aditya Holdings LLC, a wholly owned subsidiary of Hindalco. This strategic acquisition marks a significant investment in specialty alumina, a key step in scaling its high-value, technology-led materials portfolio. The transaction is expected to close in the upcoming quarter, subject to customary closing conditions and regulatory approvals, said a press release here today. The global specialty alumina market is projec...