Alcan Inc. bids for Pechiney SA
|Areas||Mining and Natural Resources, Tax|
Goodmans represented Pechiney S.A. in the approx. C$6 billion unsolicited hostile takeover bid by Alcan Inc. for Pechiney S.A. The combination of Alcan and Pechiney created the world’s largest publicly-traded aluminum company and also reflects the completion of a combination of Alcan, Alusuisse and Pechiney that was originally pursued in 1999 (in which Goodmans acted as Canadian counsel for Pechiney) but not completed because of EU competition concerns.