WMC splits on Alcoa offer

Australian miner WMC (WMC-N) has rejected a US$5.9-billion takeover bid from Pittsburgh-based aluminum giant Alcoa (AA-N), and instead announced plans to split off its alumina interests.WMC said in a prepared statement that Alcoa's proposed A$10.20-per-share offer was too low, and...

By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close