Alcan rebuffs Alcoa request for bid talks
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Alcan Inc.   has rebuffed requests by Alcoa Inc.  for a meeting to discuss Alcoa's hostile $28.6 billion offer for the Canadian aluminum producer, a regulatory filing showed on Tuesday.
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Australia's Qantas Airways Ltd.  has rejected a conditional A$10.9 billion ($8.6 billion) buyout offer led by Macquarie Bank Ltd.  and Texas Pacific Group .
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Alcan Inc.  , which is fighting a hostile $28.8 billion bid from U.S. rival Alcoa Inc. , is closer to arranging a friendly deal involving Rio Tinto Plc   and is expected to make an announcement this week, according to sources familiar with the situation.
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Shares of Alcan Inc. &lt;AL.TO&gt; &lt;AL.N&gt; rose some 3 percent on Wednesday morning on a report it was talking to BHP Billiton &lt;BHP.AX&gt; &lt;BHP.N&gt; as the Canadian aluminum maker opposes a hostile $28 billion bid by U.S. rival Alcoa Inc. &lt;AA.N&gt;.
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Australia's Babcock & Brown Infrastructure Ltd.  made a revised takeover offer for U.S. utility NorthWestern Energy Corp.  after a regulator blocked its initial US$2.2 billion bid on concerns the deal was not in the interests of customers.
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Alcoa Inc., one of the world&#39;s top producers of aluminum, said Monday that it received an unsolicited &quot;mini-tender&quot; offer from Toronto-based TRC Capital Corp.
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Gold Fields shareholders spurn Harmony's offer price.
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MONTREAL/LONDON  - Anglo-Australian miner Rio Tinto Ltd/Plc  offered $38.1 billion to buy Canada's Alcan Inc in an agreed deal to create the world's No. 1 aluminum producer, trumping a hostile bid by Alcoa Inc
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Australia&#39;s Babcock & Brown  Infrastructure Ltd.  made a revised takeover offer for  U.S. utility NorthWestern Energy Corp.  after a  regulator blocked its initial US$2.2 billion bid on concerns  the deal was not in the interests of customers.
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The Canadian aluminum maker said the $28.6-billion bid was inadequate. Alcoa said U.S. antitrust investigators had asked for more information on the offer.
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Alcan Inc. , the big Canadian  aluminum maker, said on Friday that a $28.6-billion hostile  takeover offer from Alcoa Inc.  remains inadequate, and  that it is pursuing alternatives such as talks with other  groups.
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Australian mining group WMC Resources Ltd has formally rejected a 7.4 billion dollar (5.73 billion US) takeover bid by Swiss-based Xstrata Plc, using an independent report to back its view the offer was neither fair or reasonable.
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Sallie Mae's chairman yesterday said the student loan giant had offered to consider a new bid from buyout firm J.C. Flowers & Co., only to be rebuffed.
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Carlsberg denies claims from bid target Scottish & Newcastle it has breached an joint venture agreement.
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LONDON/MONTREAL  - Rio Tinto  , the world's second-biggest miner, is considering gate-crashing Alcoa Inc.'s  $28.6 billion hostile bid for Alcan Inc.  , sources familiar with the matter said on Friday.
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The world&#39;s biggest miner, BHP Billiton, was tightlipped Monday on reports that it is considering making a 50 billion US dollar takeover bid for US aluminium giant Alcoa Inc.
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Norwegian aluminum group  Norsk Hydro  and global miner Rio Tinto    declined to confirm or deny reports that they may place  separate bids for Canada&#39;s Alcan .