Stock

SureBeam faces action

SureBeam faces action

A class action has been filed in the US courts against food
irradiation provider SureBeam on behalf of purchasers who claim
that executive board members have been carrying out illegal stock
market trading.

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.

Alcan expands into Asia

Alcan expands into Asia

Alcan has confirmed further details of the acquisition of shares in
the Flexible Packaging Division of Hydro Aluminium Deutschland,
which allow the company to expand into the European packaging
market.

Alcan downgraded

Alcan downgraded

Alcan, the Canada-based aluminium packaging provider, has said that
it is disappointed with the S&P decision to downgrade its
rating on the S&P 500 Index.

Rift over Smurfit offer

Rift over Smurfit offer

Irish investors have sharply criticised Jefferson Smurfit, the
Dublin-based paperboard and packaging company, for its willingness
to accept a €3.7 billion takeover bid from Madison Dearborn
Partners, the US private equity firm.

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