BHP Billiton, Alcoa to Sell Shares in Metal Distribution Unit
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BHP Billiton, the world&#39;s biggest mining company, and Alcoa Inc. said they plan to sell shares in their metal-processing and distribution venture.
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NEW YORK/SYDNEY  - BHP Billiton Ltd., the world's largest mining group, is considering a bid to rival a $28.7 billion offer for aluminum producer Alcan Inc. , and has hired investment bank Merrill Lynch & Co. , sources familiar with the matter said.
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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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LONDON/BEIJING  - China has muscled in on miner BHP Billiton's  attempts to buy rival Rio Tinto , with its biggest aluminum producer teaming up with U.S. group Alcoa  to buy a 12 percent stake in Rio.
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Gold Fields will be expected to sell its international assets valued at up to $3.5 billion and return the cash to shareholders as part of its defence against a hostile all-share bid from rival gold producer Harmony.
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Canadian aluminum producer Alcan Inc. reported Thursday that it agreed to sell its ferroalloy division Pechiney Electrometallurgie to Ferroatlantica for more than 100 million euro ($136.2 million).
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BHP Billiton Limited (BHP) announced today that it would undertake an off-market share buyback of between $1 billion and $1.5 billion.
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The Anglo-Australian mining giant BHP Billiton will decide whether to bid for US-based aluminum company Alcoa Inc. within two weeks, a newspaper reported yesterday.
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BHP Billiton Ltd./Plc ,  the world&#39;s biggest mining group, has revived plans for a $40  billion takeover of aluminium producer Alcoa Inc., the  Times newspaper said in an unsourced report on Monday.
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Sydney - Global resources giant BHP Billiton on Tuesday announced a share buy-back of A$1 billion to A$1.5 billion (R4.65 billion to R6.
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Mining giants BHP Billiton and Rio Tinto are reportedly preparing rival $40m takeover bids for US firm Alcoa.
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South African mining group Anglo Platinum is to sell mines  to two black-led firms in a deal worth about 35 billion Rand.
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Stock futures rose on Monday, boosted  by a flurry of deal news including a report that BHP Billiton  has revived plans for a $40 billion takeover of aluminum  producer Alcoa Inc. .
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Mining giant BHP Billiton has completed a bigger-than-expected A$2.27 billion (950 million pound) share buyback, driving up its stock price as investors reinvest profits from the tax-efficient deal.
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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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BHP Billiton Limited (BHP) today announced it has agreed to sell its interests in the Laminaria and Corallina oil fields to Paladin Oil &amp; Gas (Australia) Pty Limited, a fully owned subsidiary of Paladin Resources plc, an independent oil and gas company
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Alcoa Inc said on Friday it  agreed to sell its packaging and consumer businesses to New  Zealand's Rank Group Limited for $2.7 billion in cash, the  latest move by the world's third-largest aluminum producer to  focus on its core business.