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Alcoa to look elsewhere for growth after shunned by WMC

ALCOA Inc said today it would look elsewhere in the world for growth initiatives after WMC last w...

Greg Tubby

However, WMC rejected the offer, despite assurances from Morgan it would be accepted assuming no other suitor offered more and it matched an independent valuation, Alcoa said. "If WMC's current demerger...

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