Deliver Your News to the World

BHP Rivals Bid for Alcan


Australian-listed mining company BHP Billiton is rumoured to be hiring Merrill Lynch to explore the possibility of making a rival offer for Alcan the Canadian take-over company.

Reuters reports suggest BHP is considering whether to make a white knight bid for Alcan which is the target of a $28.8bn hostile takeover bid by US company Alcoa.

A spokesperson for BHP Billiton said the company would not comment on rumours.


This news content was configured by WebWire editorial staff. Linking is permitted.

News Release Distribution and Press Release Distribution Services Provided by WebWire.