Tuesday, 02, Dec 2008 03:13
Rio Tinto and Alcan announced they have reached an agreement for Rio Tinto to make an offer to acquire all of Alcan's outstanding common shares for US$101 per common share in a recommended, all cash transaction. The offer represents a total equity consideration for Alcan of approximately US$38.1 billion.
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Click here to visit our website on our offer for Alcan
To mark the 20th Annual World AIDS day on 1 December, people across Rio Tinto’s African businesses are participating in events to raise awareness of and educate people about HIV/AIDS.
The Boards of Rio Tinto plc and Rio Tinto Limited (together “Rio Tinto”) note the announcement today by BHP Billiton that it will not pursue its pre-conditional Offers for the acquisition of Rio Tinto.
The Rio Tinto Boards of Directors have received confirmation from Chairman Paul Skinner that he intends to serve out his current term which expires in December 2009.
Rio Tinto is to invest an additional US$300 million in the modernisation of the Kitimat aluminium smelter in British Columbia, Canada, bringing the current project funding total to over US$500 million.