Rio Tinto in Bid to Calm Fears Over Alcan Deal
Evening Standard - London › August 20, 2007
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Summary
LONDON-LISTED mining giant Rio Tinto today sought to ease market worries about whether the credit crisis would force it to pull its $38.1 billion (15.6 billion) deal to buy Canadian aluminium company Alcan.
The deal is being debt-funded, and questions were raised over the squeeze in credit in the wake of the US mortgage crisis.See the full content of this document
Extract
Rio Tinto in Bid to Calm Fears Over Alcan Deal
There were concerns that debt cos...
See the full content of this document
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