Rio Tinto Bids 65% Premium for Alcan
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Rio Tintoâs $38.1 billion bid exceeds a $28 billion offer from Alcoa Inc. that Alcanâs board roundly rejected.
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Rio Tinto  , the world's second-biggest miner, is drawing up plans to gatecrash Alcoa Inc's  $28 billion hostile bid for North American rival Alcan Inc , the Daily Telegraph said on Friday.
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Rio Tinto Ltd./Plc   has hired Deutsche Bank to advise it on a possible bid for Canadian aluminum producer Alcan Inc.  , the Sydney Morning Herald newspaper reported on Monday.
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Takeover target mining firm Rio Tinto unveils a $7.44bn profit for 2007 - 1% higher than a year earlier.
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Alcan Inc., one of the world&#39;s largest aluminum producers, said Friday it agreed to sell assets of its ores and concentrates trading division to Ocean Partners Holdings Ltd.
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Anglo-Australian mining company Rio Tinto   said on Thursday it received all regulatory approvals required to close the $38.1 billion acquisition of Canada's Alcan .
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Anglo-Australian mining giant Rio Tinto has defended the price it has offered for Canada&#39;s Alcan, saying that the robust economic growth of China and India would see the business prosper.
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Canadian aluminum producer Alcan Inc. reported Thursday that it is in advanced discussions with Ferroatlantica for the sale of its ferroalloy division, Pechiney Electrometallurgie.
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MONTREAL/LONDON  - Anglo-Australian miner Rio Tinto Ltd/Plc  has agreed to buy Canada's Alcan Inc.  for $38.1 billion to create the world's largest aluminum producer, trumping a hostile bid by Alcoa Inc.
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Alcan Inc.  shares rose 6 percent on Wednesday on speculation a counter offer could emerge to Alcoa Inc.'s  $28.4 billion hostile bid for the big Canadian aluminum maker.
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SYDNEY/LONDON  - Anglo-Australian miner Rio Tinto Ltd/Plc has agreed to buy Canada's Alcan Inc. for $38.1 billion to create the world's biggest aluminum producer, the two firms 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.
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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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Anglo-Australian mining giant Rio Tinto has announced a 43 percent jump in in full-year net profit to a record 7.44 billion US dollars and forecast continued strong demand for commodities.
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SYDNEY/LONDON  - Anglo-Australian miner Rio Tinto Ltd/Plc   signed a $38.1 billion cash deal to buy Canada's Alcan Inc. , creating the world's biggest aluminum producer, the companies said on Thursday, trumping a hostile offer from Alcoa Inc .
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Australian company trumps hostile bid from Alcoa with $43B friendly offer.
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Anglo-Australian mining group Rio Tinto said on Tuesday that it planned to invest 1.8 billion dollars (1.3 billion euros) to expand its aluminium plant in the northeastern Australian state of Queensland.