EU Commission will likely veto merger of aluminum companies
Article Abstract:
The proposed merger between Algroup, Pechiney SA, and Alcan Aluminum Ltd. is expected to be rejected by the European Commission (EC). The EC is expected to call on the firms to withdraw their plan.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
EU approves Alcan-Algroup deal after Pechiney withdraws for now
Article Abstract:
Alcan Aluminum Ltd.'s planned merger with Algroup has been approved by the European Union (EU). The $4.1 billion (4.25 billion euros) merger was approved after Pechiney SA withdrew from the deal.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
Pechiney, AluSuisse, Alcan in merger talks
Article Abstract:
Alcan Aluminum Ltd., Pechiney SA, and AluSuisse Lonza Group AG are engaged in negotiations on a merger that would form the largest aluminum firm in the world. The talks are designed to form a company that would form a major competitor to Alcoa Inc. The negotiations however, could still collapse. The deal would be the first three-way international, intercontinental merger accord.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: RWE gets approval to launch hostile bid for Hidrocantabrico. VEW-RWE plan for merger gets boards' approval
- Abstracts: Cathay Pacific flies high after beating '99 profit forecasts. Cathay Pacific posts record net and forges ahead
- Abstracts: Three-way merger plan by Alcan is unraveling; Antitrust concerns hinder deal with Pechiney. Aluminum merger looks set to fail despite late talks
- Abstracts: Olivetti seeks to build on turnaround with $58 billion offer for Telecom Italia. Brazilian affiliate of Telecom Italia to buy network
- Abstracts: Sprint is allowed to hire an official of BellSouth as chief. US West's CEO will leave firm after Qwest merger