Rio's Cloud Peak Coal Unit Said to Seek $1 Billion in IPO, Bond Offering Nov 4, 2009
The company agreed the sale of part of its Alcan unit to Amcor Ltd. for $2. 03 billion in August. (Bloomberg -- Australia & New Zealand)
Amcor expects stronger earnings Sep 18, 2009
September 18, 2009 - 4:29PM. Packaging group Amcor Ltd says it expects stronger earnings this financial year on the back of price rises even though trading volumes at its Australasian operations will track lower during the first half. (Sydney Morning Herald -- Business)
Amcor hails capital raising success Sep 15, 2009
September 15, 2009 - 6:59PM. Amcor Ltd says the success of a recent capital raising shows investors back its decision to buy-out part of the Alcan Packaging business. (Sydney Morning Herald -- Business)
Rio Tinto sells unit to Amcor Aug 19, 2009
Web search enhanced by. Wednesday August 19, 2009. (The Star Online, Malaysia -- Business)
Rio to Sell Packaging Unit for $2 Billion, Trim Debt Aug 18, 2009
By Saeed Azhar and Denny Thomas August 18, 2009. SYDNEY (Reuters) - Global miner Rio Tinto agreed to sell its Alcan packaging unit for about $2 billion to Australia's Amcor Ltd , easing its debt burden after an ill-timed acquisition two years ago. (ABC News -- Wire)
Rio receives offer for Alcan Packaging Aug 18, 2009
August 18, 2009 - 5:34PM. After nearly two years trying to offload its Alcan Packaging businesses, mining giant Rio Tinto has all but succeeded with an offer from Amcor Ltd for most of the division's assets. (Sydney Morning Herald -- Business)
Rio Tinto H1 earnings expected to halve Aug 16, 2009
Mr Edney said investors will be watching to see if the company flags new asset sales and for any news on a potential sale of Rio Tinto's Alcan packaging assets to Amcor Ltd.. Bell Potter Securities is forecasting interim underlying earnings of $US2. (Sydney Morning Herald -- Business)
Amcor Closing in on Rio's Non-U.S. Packaging Assets Jul 8, 2009
By Denny Thomas July 8, 2009. SYDNEY (Reuters) - Australian packaging group Amcor Ltd is nearing a purchase of some of Rio Tinto Ltd's assets, sources said, in a deal that could be valued at up to $2. (ABC News -- Wire)
Strong Demand for Rio Rights Jul 2, 2009
By Denny Thomas July 2, 2009. SYDNEY (Reuters) - Rio Tinto Ltd sold virtually all of the UK part of its $15. (ABC News -- Wire)
Rio Rises to 5-Month High After Bemis Enters Talks to Buy Packaging Unit Apr 30, 2009
U.S.-based Bemis joins Australias Amcor Ltd. in considering the purchase of the Alcan packaging business. If there are other groups looking to go into that bidding process there is potential Rio could get a better price for it, , head dealer at Shaw Stockbroking Ltd., said in Sydney. (Bloomberg -- Australia & New Zealand)
Amcor keen to make acquisitions Feb 17, 2009
45 pm, Tuesday February 17 2009. 17:48 AEST Tue Feb 17 2009. (Ninemsn)
BHP Billiton May Buy Mines, Plants From Distressed Rivals, Kloppers Says Feb 7, 2009
Rio rejected a $66 billion takeover offer from BHP last year and is in talks with parties including Aluminum Corp. of China and Amcor Ltd. on asset sales as it seeks to reduce debt. Companies in several parts of the market are coming under financial stress and will need to sell assets to meet short-term needs, Kloppers said. (Bloomberg -- Australia & New Zealand)
Amcor eyeing Alcan Packaging Feb 7, 2009
NEW YORK Rio Tinto PLC shares jumped 11 per cent on Friday after Australia's Amcor Ltd. confirmed it may be interested in buying some of the Alcan Packaging business. Rio's shares rose $12. (Globe and Mail)
