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WMC down after Alcoa quashes new bid rumours

WMC shares have fallen back sharply off a record high yesterday after Alcoa quashed speculation i...

Greg Tubby

In a conference call to analysts, Alcoa chief executive Alain Belda said there were no ongoing negotiations with WMC. "There's no reason for us to do anything with WMC at the moment," Belda said, according...

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