Alcan Seeks Alternatives to Alcoa Bid
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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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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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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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Rio Tinto  , the  world&#39;s second-biggest miner, is considering gate-crashing  Alcoa Inc.&#39;s  $28.6 billion hostile bid for Alcan Inc.   , sources familiar with the matter said on  Friday.
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Alcan Inc. has agreed to sell its ferroalloy division to a Spanish company for more than â¬100-million ($164.1-million). Montreal-based Alcan said yesterday it had agreed on terms
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MONTREAL (CP) - Alcan Inc.&#39;s rolled-products division will be saddled with a debt of $2.8 billion US as it becomes a separate company under the name Novelis, says a preliminary prospectus.
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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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U.S.-based Alcoa may face a rival for global dominance if a tentative merger of two Russian aluminum companies and a major Swiss commodity trader comes to fruition.
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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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SYDNEY/LONDON  - Mining giant BHP Billiton Ltd.   is not currently working on a bid for U.S. aluminum producer Alcoa Inc , sources close to the matter said on Tuesday, playing down a newspaper report.
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Mining giant BHP Billiton Ltd.    is not currently working on a bid for U.S.  aluminum producer Alcoa Inc , a source close to the  matter said on Tuesday, playing down a newspaper report.
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MELBOURNE (Dow Jones)--BHP Billiton Ltd. (BHP) remains in the hunt for WMC Resources Ltd. (WMC) with an internal team assessing its options for making a counter offer to Xstrata PLC&#39;s (XTA.
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Business & money: Â· Alcoa bows out of contest in face of $38bn offer Â· Bid battle helps push Dow Jones to record close
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A joint venture between Alcoa Inc. and BHP Billiton has filed to go public through an offering worth as much as $100 million, according to regulatory filings and the companies.
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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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Rio Tinto Group agreed yesterday to buy Alcan Inc. for $38.1 billion in cash, overwhelming a hostile bid by Alcoa Inc. to form the world's biggest aluminum maker.
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The Canadian aluminum maker Alcan has denied a request by a rival, Alcoa, for further talks on Alcoaâs hostile $27.5 billion takeover bid.