The
battle is lunch for become the first company of
Aluminium.
Rio
tinto, the British-Australian mining company has proposed a purcharse offer altrought
Alcan for $38,1 billions. Alcoa was equally on the rank, and have done a hositle bid
following the same company reject by her. In plus, Rio tinto has done pleasure to shareholders in offering $101 per
share. Paul Skinner, chairman of Rio Tinto announce also a strategy following the shareholders value trought investing in high-quality. There are also a politic of low price and his new
position in the aluminium sector. This alliance would lead this two company Alcan and Rio Tinto has based their aministrative headquaters to Montreal.
This reinforcing programed will do face to the chinese demand. The third company Alcoa will held a small place in this two company, even if this share are limited, following the bid who aren’t a sucess. Alcoa would be play a game in the fusion of this twice groupe. Alcan and Alcoa are the two first company in the domain of the aluminium production. The synergies would see the day in less time. Rio tinto and alcan develop the mining product and also on the orther metal. Alcoa stay in race and probably will be an other offer with Rio tinto not for re-buy this company but certainely for contribuate have kept his rank in this sector. A Russian company are escliped this company in being also on the same market of her.
Alcan and Alcoa are based to Pittsburg in America, Canada. With Rio tinto to Melbourne, Australia and perharps this Russian company present under the name United Company Rusal, it’s the woldwide who’ll win the battle for aluminium. We can stay us to a dominating position following the rapprochement of this companies. A other fight between the amount proposed by the head of this comany, the price per action or share. And other battle following the speech of one or the other.
More reviews about the Glasgow: Herald