China, US aluminium giants pay 14.05 bln dlr for Rio Tinto stake
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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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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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The French Group Alstom Saturday will sign contracts worth up to 1 billion Euros (1.23 billion dollars) in China for the delivery of trains and locomotives, French sources with knowledge of the deal revealed to AFP.
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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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Mittal Steel said it had signed a deal to take a 37 percent stake in one of China's leading steelmakers, giving the group its first production platform in the world's fastest growing steel market.
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Global miner Rio Tinto said Monday it was still discussing 2008 iron ore prices with customers after rival Vale of Brazil won a massive 65 percent increase from its Asian clients.
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BHP Billiton Ltd/Plc  ,  the world's No.1 miner, launched a hostile $147.4 billion bid  for Rio Tinto Ltd/Plc , a deal that would be the  world's second largest takeover if successful.
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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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Mining giant Rio Tinto Ltd./Plc.   said on Thursday it has agreed to pay $38.1 billion, or $101 per common share, for Canadian aluminum company Alcan Ltd. .
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BHP Billiton lifted its bid for mining giant Rio Tinto Wednesday, valuing its target at 147.4 billion dollars as it seeks a mega-merger to exploit the China-driven resources boom.
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The battle over Rio Tinto intensified after BHP Billiton increased its takeover offer to about $147 billion after a Chinese rival bought a stake last week.
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BHP Billiton Ltd/Plc   formally launched a $147.4 billion takeover bid on Wednesday  for rival Rio Tinto Ltd/Plc .
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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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Mining giant Rio Tinto Ltd./Plc.    said on Thursday it has agreed to pay $38.1  billion, or $101 per common share, for Canadian aluminum  company Alcan Ltd. .
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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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Anglo-Australian mining giant Rio Tinto posts a 42% jump in full year profits in 2006 to a record $7.4bn.
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Rio Tinto Ltd.'s $38.1 billion takeover of Alcan Inc. is set to reap benefits from not just China's appetite for aluminum, but also the bauxite and alumina needed to make it, analysts said on Friday.