Alcoa, others buying pipeline for $1.3B
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SAN FRANCISCO (CBS.MW) -- Alcoa, Diversified Utility &amp; Energy Trusts and Alinta have agreed to buy Epic Energy&#39;s Dampier to Bunbury natural gas pipeline in Western Australia for $1.
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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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Enbridge Inc., Canada&#39;s second- largest pipeline company, agreed to buy Shell Gas Transmission LLC for $613 million to gain pipelines in the Gulf of Mexico for the first time.
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A MASSIVE expansion of the Alcan alumina refinery in Arnhem Land was welcomed by Top End Aboriginal landowners yesterday after the Canadian aluminium giant approved a $1.
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Nexen Inc., a Canadian energy and chemicals company, agreed to buy the UK oil business of EnCana Corp. for $2.1 billion, giving it control of the biggest British oil discovery in more than a decade.
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Shares of Alcan Inc. rose after reports of possible takeover offers from Norsk Hydro ASA and Rio Tinto Group raised expectations of a bidding war with Alcoa Inc. for the Canadian aluminum producer.
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Loews Corp.'s  $4.03 billion purchase of gas exploration and production assets from Dominion Resources Inc.  gives the conglomerate a way to spend excess cash and diversify its revenue stream as it bets on rising natural gas prices.
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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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MacDermid said that a group led by its chairman and chief executive and several investment funds would buy it for more than $1.3 billion.
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Alcoa said it had sold its stake in the Aluminum Corporation of China for about $2 billion, a $1.8 billion gain on an investment that had yielded no real cooperation on the ground.
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Anadarko Petroleum has agreed to sell all of its shallow-water oil and gas fields in the Gulf of Mexico for $1.3 billion in a two-step deal with Apache Corp.
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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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Alcoa Inc , the world&#39;s largest  aluminum company, on Monday extended its outstanding offer to  acquire Alcan Inc. , even as it reported a slip in  second-quarter profit.
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Alcoa Inc. is being targeted by two foreign mining giants who are each preparing $40 billion takeover bids for the aluminum producer, a British newspaper reported. Alcoa shares rose $2.10, or 6.4 percent, to $35, yesterday although some analysts questioned whether such a deal was likely.
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NTL, Britain&#39;s largest cable operator, yesterday sold its television transmission business to an Australian-led consortium in a Â£1.3bn deal.
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Magna International Inc., Canada&#39;s largest auto parts supplier, offered to buy out shares in three units for as much as C$1.3 billion ($1.
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The Canadian government is getting out of the oil-and-gas business by selling off its stake in Petro-Canada for about $3.1 billion.