(Reuters) - Alcoa, which has made a $28 billion hostile bid for Canadian rival Alcan Inc., plans to go to antitrust authorities soon with a list of Alcan aerospace and automotive assets to sell if the deal goes forward, a source familiar with the situation said on Friday.
Antitrust questions would be raised particularly in those two areas by the merger, which would create the world's largest aluminum producer. The company plans to present the list to competition authorities in the European Union, United States and Canada, the source said.
Read more at Reuters Africa
Antitrust questions would be raised particularly in those two areas by the merger, which would create the world's largest aluminum producer. The company plans to present the list to competition authorities in the European Union, United States and Canada, the source said.
Read more at Reuters Africa
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