M&A

Alcan deal still up in the air on Thursday: Rio

MINING giant Rio Tinto said its $US38.1 billion ($A44 billion) friendly bid for Canadian-based Alcan late on Thursday afternoon could not have been made any earlier since the proposal was not final until then.

MiningNews.Net
Alcan deal still up in the air on Thursday: Rio

The Australian Securities Exchange queried Rio over the timing of its post-market close announcement on Thursday, asking the group why it did not inform the market as soon as it was made aware of the deal,...

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