Free Newsletter
Register for our Free Newsletters
Newsletter
Zones
Advanced Composites
LeftNav
Aerospace
LeftNav
Amorphous Metal Structures
LeftNav
Analysis and Simulation
LeftNav
Asbestos and Substitutes
LeftNav
Associations, Research Organisations and Universities
LeftNav
Automation Equipment
LeftNav
Automotive
LeftNav
Biomaterials
LeftNav
Building Materials
LeftNav
Bulk Handling and Storage
LeftNav
CFCs and Substitutes
LeftNav
Company
LeftNav
Components
LeftNav
Consultancy
LeftNav
View All
Other Carouselweb publications
Carousel Web
Defense File
New Materials
Pro Health Zone
Pro Manufacturing Zone
Pro Security Zone
Web Lec
Pro Engineering Zone
 
 
 
News

Alcan spin-off on track

Alcan Inc : 15 September, 2004  (Company News)
Alcan Inc continues to work towards the realisation of the previously announced spin-off of its rolled products business with the same year-end completion target.
Alcan Inc continues to work towards the realisation of the previously announced spin-off of its rolled products business with the same year-end completion target.

'This is a first-rate business,' said Travis Engen, President and Chief Executive Officer. 'Not surprisingly we have received unsolicited inquiries from a number of interested parties. Although some of these expressions of interest are being studied, Alcan remains committed to the spin-off as an outstanding value creation proposition for its shareholders,' he said.

Filing of the preliminary regulatory disclosure documents describing the spin-off business is expected before the end of the month.

Bookmark and Share
 
Home I Editor's Blog I News by Zone I News by Date I News by Category I Special Reports I Directory I Events I Advertise I Submit Your News I About Us I Guides
 
   © 2012 NewMaterials.com
Netgains Logo