Deal Watch: AA/AL |
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Published
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Thu, 28 Jun 2007 22:13
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NEW YORK (AP) - Alcoa Inc. is trying to acquire Alcan Inc. to create the world's dominant aluminum producer. These are the latest metrics on the deal.Total Alcoa offer per Alcan share: $74.74 in cash and stockLatest Alcan share price: $81.15Latest premium on Alcoa offer for Alcan: -9 percentOriginal premium on Alcoa offer for Alcan: 20 percentTotal value of offer, in U.S. dollars: $27.5 billionRise in Alcoa shares since it confirmed the offer: 9 percentLatest development: Alcan has continued its efforts to find a white knight to fend off the Alcoa bid.Next steps: Trade unions plan protests ahead of the close of Alcoa's offer.Questions or comments about this story should be directed to the Financial News desk of The Associated Press at 212-621-7190.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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