(Reuters) - Alcoa also extended its $28.6 billion offer to acquire Canadian rival Alcan Inc , which was to expire on Tuesday, by a month.
Last week, Alcan said the offer remains inadequate and said it is pursuing alternatives, such as talks with other groups. It declined to comment on reports that Rio Tinto Ltd , the world's second-largest miner, has asked investment banks to advise it on options, including a possible counter bid for Alcan.
Read more at Reuters.com Business News
Last week, Alcan said the offer remains inadequate and said it is pursuing alternatives, such as talks with other groups. It declined to comment on reports that Rio Tinto Ltd , the world's second-largest miner, has asked investment banks to advise it on options, including a possible counter bid for Alcan.
Read more at Reuters.com Business News
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