Rio Tinto gets US$2B bid for Alcan branch

Rio Tinto has received a binding offer from Amcor to acquire the majority of the Alcan Packaging businesses, comprising Alcan Packaging global pharmaceuticals, global tobacco, food Europe and food Asia divisions, for a total consideration of US$2.025 billion. Rio Tinto recently announced the sale of the Alcan Packaging food Americas division to Bemis Company Inc. for US$1.2 billion. The remaining beauty packaging division will be divested separately. A period of exclusivity with Amcor has been agreed, and Rio Tinto will respond to this binding offer following consultation with the relevant European works councils.Nike Air Jordan 1 Mens