Alcan reaches deal to sell ferroalloy division to Spanish company
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MONTREAL (CP) - Alcan Inc. said Thursday it has reached an agreement to sell its ferroalloy division to a Spanish company in a deal expected to be worth more than 100 million euros or about $165 million Cdn.
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El Paso Corp., the natural gas pipeline giant, on Wednesday said it entered into an agreement to sell its interest in subsidiaries that supply power to Public Service Electric &amp; Gas Co.
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The Chinese mining group Chinalco said that it had teamed up with the American aluminum producer Alcoa to buy a 12 percent in Rio Tinto.
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Aluminum producer Alcan Inc.  has begun negotiating toward a merger agreement with Rio Tinto Plc to fend off a hostile bid from U.S. rival Alcoa Inc. , a Canadian newspaper said on Wednesday.
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Alcoa Inc., the world's top aluminum maker, is selling its entire stake in Aluminum Corp of China Ltd  (Chalco) for up to US$2 billion, reaping a potential profit on its investment of as much as US$1.9 billion.
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ONE of the UK&#39;s biggest industrial companies is set for Mexican ownership after agreeing to a Â£2.3bn takeover offer. Directors of Egham-based RMC - the world&#39;s largest ready-mixed concrete producer - have
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Canadian aluminum producing giant Alcan Inc. said Friday that it is in exclusive talks to sell the company&#39;s stake in Aluminium de Grece SA to metals company Mytilineos Holdings SA of Greece.
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Alcan Inc. AL.TO AL.N, the  Canadian aluminum maker, is considering a sale of its rolled  products business in a transaction that might fetch $4 billion  to $5 billion, after in May announcing a plan to spin the  business off, the New York Post said on Wednesday.
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Anglo-Australian mining giant Rio Tinto struck a deal Thursday to buy Canada&#39;s Alcan, outbidding US rival Alcoa in a mammoth move that would create the world&#39;s largest aluminium company.
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Chinese mining group Chinalco said on  Friday it had teamed up with U.S. aluminum producer Alcoa   to buy a 12 percent in Rio Tinto .
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Rio Tinto Ltd./Plc  has hired Deutsche Bank to advise it on a possible bid for Canadian aluminum producer Alcan , the Sydney Morning Herald paper reported on Monday.
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Chinese aluminium giant Chinalco said on Friday it had teamed up with US peer Alcoa to buy a 12-percent stake in Anglo-Australian mining group Rio Tinto plc.
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Rio Tinto shareholders have backed the Anglo-Australian mining giant&#39;s bid to buy Canada&#39;s Alcan and create the world&#39;s largest aluminium firm, the company said Friday.
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Alcan Inc , which is fending off a hostile $28.8 billion bid from U.S. rival Alcoa Inc , is closer to arranging a rival friendly deal and is expected to make an announcement this week, according to sources familiar with the situation.
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MONTREAL (CP) - Alcan Inc. is buying a food packaging plant in Poland in an effort to increase the Montreal-based aluminum and packaging company's reach into Eastern Europe.
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Alcan Inc. has agreed to sell its ferroalloy business to Spain&#39;s Ferroatlantica SL for more than 100 million euros ($136.3 million or C$164.2 Canadian), the world&#39;s second biggest aluminum producer said on Thursday.
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Global miner Rio Tinto was near a deal to buy Canadian aluminum giant Alcan Inc. for about $100 per share, or $37 billion, The Wall Street Journal Online reported on Thursday.