Alcan Says No to New Talks With Alcoa
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The Canadian aluminum maker Alcan has denied a request by a rival, Alcoa, for further talks on Alcoaâs hostile $27.5 billion takeover bid.
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Mining giant BHP Billiton Ltd.    is not currently working on a bid for U.S.  aluminum producer Alcoa Inc , a source close to the  matter said on Tuesday, playing down a newspaper report.
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If Canadian aluminum company Alcan Inc. , the subject of a hostile takeover bid from U.S. rival Alcoa , defends itself by turning the tables with an offer for Alcoa, some tough Pennsylvania anti-takeover laws stand before it.
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Indonesia and Exxon Mobil Corp.   have halted negotiations on the disputed Natuna D-Alpha gas  block, which is now controlled by the U.S. company, an official  at energy watchdog BPMIGAS told Reuters on Tuesday.
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Rio Tintoâs $38.1 billion bid exceeds a $28 billion offer from Alcoa Inc. that Alcanâs board roundly rejected.
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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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Canadian aluminum producing giant Alcan Inc. said Friday that it is in exclusive talks to sell the company&#39;s stake in Aluminium de Grece SA to metals company Mytilineos Holdings SA of Greece.
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Rio Tinto Group agreed yesterday to buy Alcan Inc. for $38.1 billion in cash, overwhelming a hostile bid by Alcoa Inc. to form the world's biggest aluminum maker.
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CARACAS, Venezuela -- Venezuela's state oil company said Exxon Mobil Corp. and ConocoPhillips had refused to sign deals Tuesday that would allow them keep pumping oil under tougher terms in the South American country.
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OSLO/KUALA LUMPUR  - Norwegian aluminum group Norsk Hydro  and global miner Rio Tinto   declined to confirm or deny reports that they may place separate bids for Canada's Alcan .
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Oil companies reject a union's claim that they are blocking investment in North Sea developments.
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Norwegian aluminum group  Norsk Hydro  and global miner Rio Tinto    declined to confirm or deny reports that they may place  separate bids for Canada&#39;s Alcan .
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Alcan Inc. has agreed to sell its ferroalloy division to a Spanish company for more than â¬100-million ($164.1-million). Montreal-based Alcan said yesterday it had agreed on terms
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Scottish and Newcastle said Thursday it had rejected a new takeover bid from Danish group Carlsberg and Dutch peer Heineken that was worth 7.4 billion pounds.
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PITTSBURGH, July 12 -- Alcoa withdrew its $28 billion offer to buy Canadian aluminum rival Alcan on Thursday after being outbid by mining giant Rio Tinto.
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Britain&#39;s Cadbury Schweppes Plc   rejected a private equity bid for its North American drinks  unit over the terms rather than price after it was asked to  finance a third of the deal, industry sources said on Friday.
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Canadian aluminum producer Alcan Inc. reported Thursday that it is in advanced discussions with Ferroatlantica for the sale of its ferroalloy division, Pechiney Electrometallurgie.