(Reuters) - Alcan said the offer did not reflect the full value of the
company and advised shareholders not to tender any of their
shares to the bid.
In a release, Yves Fortier, chairman of Montreal-based
Alcan, said that the offer did not adequately reflect the value
of Alcan's assets, strategic capabilities and growth prospects,
and is highly conditional and uncertain.
Read more at Reuters.com Mergers News
company and advised shareholders not to tender any of their
shares to the bid.
In a release, Yves Fortier, chairman of Montreal-based
Alcan, said that the offer did not adequately reflect the value
of Alcan's assets, strategic capabilities and growth prospects,
and is highly conditional and uncertain.
Read more at Reuters.com Mergers News
No comments:
Post a Comment