Rio Tinto says Alcan bid talk is speculation
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Rio Tinto  , the world's second-largest mining group, on Tuesday dismissed talk that it was lining up a bid for Canadian aluminum maker Alcan  as speculation, but did not to deny the rumor outright.
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Mining giant Rio Tinto Ltd./Plc.   said on Thursday it has agreed to pay $38.1 billion, or $101 per common share, for Canadian aluminum company Alcan Ltd. .
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A bidding consortium led by the Royal Bank of Scotland is expected to give some insight as to whether it will go ahead with a rival offer.
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Australia's Alumina Ltd. , said  it had no information regarding media speculation that BHP  Billiton Ltd./Plc.  or Rio Tinto Ltd./Plc   may bid for its partner Alcoa Inc. .
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The world's largest miner BHP Billiton is under increasing pressure to sweeten its three-for-one share offer for Rio Tinto, a report said Wednesday.
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Mining giant Rio Tinto Ltd./Plc.    said on Thursday it has agreed to pay $38.1  billion, or $101 per common share, for Canadian aluminum  company Alcan Ltd. .
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Anglo-Australian mining giant Rio Tinto struck a deal Thursday to buy Canada&#39;s Alcan, outbidding US rival Alcoa in a mammoth move that would create the world&#39;s largest aluminium company.
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Mining giants BHP Billiton and Rio Tinto are reportedly preparing rival $40m takeover bids for US firm Alcoa.
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Man City say they are in "advanced discussions" that could lead to an offer being made for the club.
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SYDNEY/LONDON  - Anglo-Australian miner Rio Tinto Ltd/Plc   signed a $38.1 billion cash deal to buy Canada's Alcan Inc. , creating the world's biggest aluminum producer, the companies said on Thursday, trumping a hostile offer from Alcoa Inc .
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The world's largest mining group, BHP Billington Ltd.,  is considering a rival bid for aluminum producer Alcan Inc.  and has hired an investment bank, sources familiar with the matter said on Monday.
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The companies are rumored to be in talks to upgrade an Iraqi petrochemical plant.
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Alcan Inc. , the big Canadian  aluminum maker, said on Friday that a $28.6-billion hostile  takeover offer from Alcoa Inc.  remains inadequate, and  that it is pursuing alternatives such as talks with other  groups.
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MELBOURNE/SYDNEY  - Rio Tinto's   shares surged on Wednesday amid market talk that an improved offer had prompted the firm to open its books to suitor BHP Billiton   and media reports which said Rio had signaled a price at which it would sell out.
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Alcan Inc.   is happy to remain independent, amid speculation that big international miners may want to buy their way into the aluminum sector, the Canadian company's chief executive said on Monday.
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The $101-a-share Rio Tinto bid represents a 32.8 percent premium to Alcoaâs hostile offer of $76.03 a share, potentially making it difficult for Alcoa to increase its bid.
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Business & money: Rio Tinto strengthens claim that its rival BHP Biliton's hostile bid is undervalued