Pechiney

Securing the future

Securing the future

Packaging giants Alcan and Pechiney have finally agreed on the
terms of a liquidity agreement that will be made available to
eligible beneficiaries of Pechiney subscription and purchase
options. This ends months of discussions, plans...

Pechiney snubs Alcan offer

Pechiney snubs Alcan offer

Alcan has confirmed that its discussions with Pechiney on the terms
of a proposal for an increase in its offer for all of Pechiney's
securities have ended. But Alcan says it is still confident that a
deal will be eventually agreed.

Pechiney results disappoint

Pechiney results disappoint

After announcing the acquisition of Corus's aluminium packaging
activities, Pechiney has reported a third-quarter net loss and said
its full-year profit would be worse than expected due to weak
aluminium prices.

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