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October 11, 2008 2:38:23 AM CDT

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Stories related to: Alcan

Stories

5 Stories

  • February 2008

    • Bahrain Arm Accuses Alcoa of Corruption

      Wall Street Journal  |  Feb 28, 08 10:47 AM CST

      Bahrain Arm Accuses Alcoa of Corruption

      (Newser) - A company controlled by Bahrain's government has filed a lawsuit in US federal court accusing metals giant Alcoa of a host of shady business practices, the Wall Street Journal reports. Pittsburgh-based Alcoa, one of the world's biggest aluminum companies, systematically overcharged Bahrain Aluminum for raw materials and funneled money to corrupt officials during a 15-year conspiracy, the suit charges. More »

      Tags

      lawsuit  • corruption  • bribery  • corporate governance  • bribe  • Alcoa  • Bahrain  • Jersey  • Alcan  • aluminum  • Royal Bank of Canada

  • November 2007

    • Deal Could Forge Mining Goliath

      Wall Street Journal  |  Nov 9, 07 5:19 AM CST

      Deal Could Forge Mining Goliath

      (Newser) - The biggest mining company in the world is aiming to get even bigger. BHP Billiton's $142 billion bid for Rio Tinto has been turned down, but the firm is still keen to make a deal, reports the Wall Street Journal . The deal would be the second-largest in history, and the combined company would dominate world production of some key minerals. More »

      Tags

      mergers and acquisitions  • commodities  • mining  • Alcan  • Rio Tinto  • BHP Billiton Ltd.

  • July 2007

    • Retail Reports Catapult Markets

      Wall Street Journal  |  Jul 12, 07 3:43 PM CDT

      Retail Reports Catapult Markets

      (Newser) - The Dow soared 283.86 points to 13861.73 today, its largest single-day rally since 2002 and another record close. Traders ignored ongoing bearish rumors from the subprime sector, focusing on better-than-expected June reports from a host of retailers including Wal-Mart, J.C. Penney and American Express. More »

      Tags

      Dow Jones  • stock market  • S&P 500  • stocks  • Alcoa  • Alcan  • Rio Tinto

  • May 2007

    • Alcan Steels Itself Against Alcoa Bid

      Bloomberg  |  May 22, 07 6:17 PM CDT

      Alcan Steels Itself Against Alcoa Bid

      (Newser) - Canadian aluminum maker Alcan has rejected the $24.7-billion bid from rival Alcoa that would have been the biggest takeover in the metals industry, and signalled its intention to look elsewhere. Alcoa’s  $74.60-per-share bid was inadequate, Alcan’s CEO said today, reigniting rumors that both companies may be ripe takeover targets. More »

      Tags

      acquisitions  • merger  • Alcoa  • takeovers  • Alcan  • aluminum

    • Aluminum Giant Makes Play for Rival

      Wall Street Journal  |  May 7, 07 1:44 PM CDT

      Aluminum Giant Makes Play for Rival

      (Newser) - Aluminum titan Alcoa is hoping to get its largest rival, Alcan, to melt under a hostile takeover bid, after merger talks between the two companies collapsed. Alcoa, the world's largest aluminum company, has offered $26.9 billion for its Canadian competitor in an effort to beat out the emerging market producers who have recently dominated the industry. More »

      Tags

      acquisitions  • merger  • hostile takeover  • Alcoa  • Alcan  • aluminum  • hydropower

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