Rio Tinto Swipes Alcan From Alcoa
603669
American aluminum leader left vulnerable as mega-miner outbids it for Canadian rival.
575810
SYDNEY/LONDON  - Anglo-Australian miner Rio Tinto Ltd/Plc has agreed to buy Canadian aluminum company Alcan Inc. for $38.1 billion, in a bid to create the world's biggest aluminum company.
2342
MONTREAL/NEW YORK  - Alcan Inc.   has rebuffed requests by Alcoa Inc.  for a meeting to discuss Alcoa's hostile $28.6 billion offer for the Canadian aluminum producer, a regulatory filing showed on Tuesday.
136600
Alcan Inc.  shares rose 6 percent on Wednesday on speculation a counter offer could emerge to Alcoa Inc.'s  $28.4 billion hostile bid for the big Canadian aluminum maker.
605391
With his formal training in geology, Tom Albanese could be excused for believing he'd struck the mother lode after orchestrating a bump-free $38 billion acquisition of Alcan just six months into his new job as chief executive of Rio Tinto, the world's second-largest mining house.
53
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.
336519
Rio Tinto , the world's second-biggest miner, is considering gatecrashing Alcoa Inc.'s  $28 billion hostile bid for North American rival Alcan Inc. , sources familiar with the matter said on Friday.
626521
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.
490321
The aluminum producer Alcoa said in a statement that it would continue to pursue its $27.4 billion cash and stock bid for a rival, Alcan, despite the Canadian companyâs rejection of the offer. But Alcoaâs chairman and chief executive, Alain J. P. Belda, said that the company would not enhance the proposal, which Alcan called inadequate. âWe have studied Alcanâs response and have not seen anything that would lead us to re-evaluate our offer,â Mr. Belda said. He also rejected suggestions by Alcan that Alcoa would have difficulty obtaining antitrust approval for the merger and urged Alcanâs board to resume its examination of the bid.
426725
Rio Tinto Ltd./Plc  has hired Deutsche Bank to advise it on a possible bid for Canadian aluminum producer Alcan , the Sydney Morning Herald paper reported on Monday.
256163
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.
609391
Rio Tinto Ltd./Plc  has  hired Deutsche Bank to advise it on a possible bid for Canadian  aluminum producer Alcan , the Sydney Morning  Herald paper reported on Monday.
594661
Having lost out on its Alcan quest, Alcoa is trimming the fat and may be readying for action.
546461
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.
732800
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., Canada's the Globe and Mail newspaper reported on its Web site.
200366
Alcan Inc.   has begun negotiating a $34 billion friendly offer from Rio Tinto PLC  to fend off a hostile $28.6 billion bid from U.S. rival Alcoa Inc. , newspapers said on Wednesday.
394829
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.