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Bids for Elkem. (Last month in mining journal).

Publication: Mining Magazine
Publication Date: 01-FEB-02
Format: Online
Delivery: Immediate Online Access
Full Article Title: Bids for Elkem. (Last month in mining journal).(Brief Article)

Article Excerpt
On January 9th Alcoa launched a takeover bid for Norwegian metals producer Elkem ASA. Alcoa is offering Elkem shareholders the equivalent of $17.38/share in cash, valuing the company at approximately $850 million. However the bid does not offer any premium to Elkem's closing share price on January 8, the...

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