Failure gives Alcan CEO second wind

Article Abstract:

Montreal, Que.-based Alcan Aluminium Holdings Ltd. is negotiating a merger agreement with Zurich, Switzerland-based Alusuisse-Lonza Holding AG. Alcan, which is led by president and chief executive officer Jacques Bougie, lost its bid for a three-way merger with Alusuisse-Lonza and Paris, France-based Pechiney S.A.

All Other Metal Ore Mining, Metal Ores NEC, Mining industry, Ores

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Metals analyst foresees M&A chaos

Article Abstract:

Montreal, Que.-based Alcan Aluminium Holdings Ltd. is seeking a merger with Zurich, Switzerland-based Alusuisse-Lonza Holding AG. Industry analysts argued that the aluminum industry will undergo a new wave of consolidation.

Forecasts, trends, outlooks

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Pechiney fuels soaring Alcan profit: Former rival drives most of huge gains

Article Abstract:

Montreal-based Alcan Inc.'s takeover of former rival Pechiney SA reported a profit of $167 million or 45 cents a share for the three months ended Sept. 30, 2004, as compared to $87 million for the same period the previous year. Alcan acquired Pechiney to increase its size and holdings in high-margin areas of the aluminum business such as aerospace manufacturing.

Sales, profits & dividends, PRIMARY METAL INDUSTRIES, Company acquisition/merger, Company sales and earnings, Company earnings/profit, AL

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