Apollo taking over Alcan assets in January

Dec 10, 2010 | 12:24 PM | Anne Riley

Apollo Global Management is set to take control of Rio Tinto Alcan's engineered products division at the start of the new year, a union source told AMM.

The takeover, officially announced in the form of a binding offer in August, is slated for the first week of January, Rio Tinto Alcan's management reportedly told workers at the company's rolling operations in Ravenswood, W.Va. ....

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