Wednesday, 11 July 2007

UPDATE 2-Rio Tinto near deal to buy Alcan for $37 bln-WSJ

(Reuters) - SYDNEY, July 12 - 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.com Mergers News

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