Thursday, July 12, 2007

Alcoa vulnerable to takeover after Alcan-Rio

(Reuters) - Alcoa shares reacted by hitting a new high along with those of Alcan, which announced the $38 billion deal with the Anglo-Australian mining company on Thursday.




Another Anglo-Australian miner, BHP Billiton , is one possible buyer for Alcoa, analysts and sources familiar with the matter said, and other names in the frame include CVRD and Xstrata Plc .


Read more at Reuters.com Business News

No comments: