Pechiney SA

Article Abstract:

Alcan Inc. has informed the European Commission that it has made a hostile takeover bid for Pechiney S.A. The bid stands at 3.4 billion euros. The European Commission is conducting a regulatory review of the proposed deal.

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Alcan offers 3.4 billion euros to take over Pechiney

Article Abstract:

Pechiney S.A. has received a hostile takeover bid from rival Alcan Inc. The bid, which revives a four-year effort by Alcan to acquire Pechiney, is valued at 3.4 billion euros.

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Corus to take its Dutch board to appeals court

Article Abstract:

Corus Group PLC is bringing its supervisory board to court after its sale of alumimun assets to Pechiney S.A. was blocked. Corus' board voted against the sale.

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