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Alcoa Inc. is making a hostile bid for Canadian aluminum rival Alcan Inc. worth nearly $27 billion after failing in almost two years of private talks to reach a negotiated deal. Alcoa said the ...

With a 37-year career in the aluminum industry, handling coups and monetary crises, Richard Evans, 59, is no stranger to challenges. After four months as CEO of Montreal-based Alcan–the world’s No. 2 ...

Following Alcan's May 18, 2004 announcement of its intention to pursue a spin-off to its shareholders of substantially all of the rolled products businesses held by Alcan prior to its acquisition of ...

Alcan reported a deep fourth-quarter loss on Tuesday, after taking a goodwill impairment charge, mainly on European assets acquired during its takeover of French rival Pechiney. Alcan, the world’s ...

SYDNEY, AUSTRALIA — Mining giant Rio Tinto has offered to buy Canadian aluminum company Alcan Inc. for $38.1 billion in cash, the companies said Thursday, in a friendly takeover that tops a hostile ...