"We believe the time is right to combine our two companies," Alumina Chairman Peter Day said in a statement Tuesday. The combined group will have a larger and stronger balance sheet, and will be better able to fund restructuring and growth plans, he said. Alumina expects shareholders to vote on the deal at a meeting in the third quarter of 2024, the company said. This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. (END) Dow Jones Newswires 03-11-24 1954ET Copyright (c) 2024 Dow Jones & Company, Inc.