The battle to acquire Canadian aluminum producer Alcan Inc, has became more fierce as Rio Tinto, the world's second-biggest miner, has confirmed to challenge Alcoa Inc's $28 billion hostile bid.
To be a viable competitor, Rio Tinto has hired two...
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PepsiCo, the US beverage giant, has agreed to buy Ukrainian juice manufacturer Sandora for $542 million, thwarts arch rival Coca-Cola.
The company is buying 80 percent stakes in Ukrainian juice manufacturer and also agrees to funds its debt....
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