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WMC admits to Alcoa talks, says no deal yet

WMC'S shares jumped to as high as $9.63 this morning after the company admitted it was in talks w...

Greg Tubby

"The company is in discussions with a number of parties, including Alcoa Inc, which may lead to an offer being made to acquire all the ordinary shares in WMC or to a restructuring of WMC," company secretary...

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