(Reuters) - NEW YORK, July 19 - BHP Billiton
is no longer considering making an offer for Alcoa , The
Australian newspaper reported on Thursday, citing unnamed
sources, pushing Alcoa shares down more than 7 percent.
Sources have previously told Reuters, and it was widely
reported, that BHP had been considering the idea of making
offers for Alcoa and Alcan Inc. , the Canadian company
that just fought off a hostile bid from Alcoa by agreeing to a
friendly deal with Rio Tinto .
Read more at Reuters.com Mergers News
is no longer considering making an offer for Alcoa , The
Australian newspaper reported on Thursday, citing unnamed
sources, pushing Alcoa shares down more than 7 percent.
Sources have previously told Reuters, and it was widely
reported, that BHP had been considering the idea of making
offers for Alcoa and Alcan Inc. , the Canadian company
that just fought off a hostile bid from Alcoa by agreeing to a
friendly deal with Rio Tinto .
Read more at Reuters.com Mergers News
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