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Rio Tinto Alcan is a Canada-based mining company. Headquartered in Montreal, Quebec, it is a subsidiary of global mining conglomerate Rio Tinto. It was created on 15 November 2007 as the result of the merger between Rio Tinto's Canadian subsidiary and Canadian company Alcan.
Jul 12, 2007 · Alcan's board of directors unanimously recommended shareholders accept Rio Tinto's cash offer of $101 US per share, which values Alcan at $38.1 billion US — topping Alcoa's $28-billion...
Rio Tinto Aluminium (previously known as Comalco) is now known as Rio Tinto Alcan after Rio's takeover of Alcan. It was the world's eighth largest aluminium company. It mines and manufactures bauxite, alumina and primary aluminium.
In 2007, Rio Tinto acquired Alcan in a US$38 billion deal. The offer served to undermine a hostile bid of $27.5bn from Alcoa, Alcan's US rival. Rio Tinto thus became the world's leading aluminum producer. The company quickly announced its intention to sell off the Engineered Products and Packaging business groups.
Jul 12, 2007 · SAN FRANCISCO (MarketWatch) -- Rio Tinto said Thursday it reached an agreement to buy Canadian aluminum producer Alcan Inc. for $38.1 billion in cash, topping a hostile offer from Alcoa Inc....
Feb 6, 2006 · In 2007, Alcan was purchased by the British-Australian multinational corporation Rio Tinto for $38 billion. Today, Rio Tinto continues to operate several smelters in the Saguenay–Lac-Saint-Jean region of Quebec, as well as in Kitimat, British Columbia.
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Jul 12, 2007 · Rio Tinto, the UK-listed mining group, on Thursday said it was planning to make billions of dollars worth of disposals to help pay for Alcan, the Canadian aluminium group, which it agreed to...
