Rio hires banks for Alcoa/Alcan options: paper
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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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China's state-owned aluminum giant Chinalco and U.S. partner Alcoa Inc  had agreed to buy up to 14.9 percent of Rio Tinto Plc  this month and had up to $24 billion to spend, according to a January 30 memo.
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Anglo-Australian miner Rio Tinto launched a 38.1-billion-dollar offer for Canada&#39;s Alcan on Thursday, trumping US rival Alcoa in a mammoth bid to create the world&#39;s largest aluminium company.
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Rio Tintoâs recent offer of $38.1 billion for Alcan may be a sign that aluminum is no longer an estranged cousin in the mining industry.
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NEW YORK  - Aluminum producer Alcoa Inc. on Tuesday said it will invest about &#36;284 million US to build a new plant in Mosjoen, Norway, to supply anodes to two aluminum smelters in the region.
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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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Global miner Rio Tinto Ltd/Plc   said on Monday it has received U.S. anti-trust  clearance for its $38.1 billion acquisition of aluminum maker  Alcan Inc .
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Goldman Sachs Group Inc. is negotiating with a major Brazilian investment bank to create a joint venture aimed at tapping into opportunities in South America's largest economy, a source familiar with the discussions said Tuesday.
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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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With Alcan and Rio Tinto combining, maybe Alcoa and giant BHP Billiton could similarly become betrothed.
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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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Aluminum producer Alcan Inc.  has begun negotiating toward a merger agreement with Rio Tinto Plc to fend off a hostile bid from U.S. rival Alcoa Inc. , a Canadian newspaper said on Wednesday.
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Anglo-Australian mining giant Rio Tinto Wednesday said all conditions on its 38.1 billion US dollar takeover of Alcan Inc had been satisfied and most shareholders had accepted its offer.
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SHANGHAI, China -- Alcoa Inc. and Aluminum Corp. of China jointly acquired 12 percent of the shares of global mining company Rio Tinto PLC in a deal believed to be worth $14.05 billion, the companies said Friday.
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Aluminium Corp of China and US giant Alcoa have agreed to pay 14.05 billion dollars for 12 percent of Anglo-Australian mining giant Rio Tinto plc, Chinese state media said Friday.
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Molson drops a plan to have an option-holders&#39; vote, and Coors hires an investment bank to court stock owners. In a bid to build support for its proposed merger with Adolph Coors Co.
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BHP Billiton Ltd. , the  world&#39;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.