Wednesday, July 11, 2007

Rio Tinto near deal to buy Alcan for $37 bln - WSJ

(Reuters) - Global miner Rio Tinto was near a deal to buy Canadian aluminium giant Alcan Inc. for about $100 per share, or $37 billion, The Wall Street Journal Online reported on Thursday.

A final deal should be announced early on Thursday, the Journal said, citing people familiar with the transaction.


Read more at Reuters Africa

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