Parties Bury the Hatchet in Malicious Mêlée for Control of Arconic’s Board
The bilious battle between value-added aluminium titan Arconic and activist investor Paul Singer ended in a truce yesterday, as an...
Elliott Management
Arconic Mulling Buy-Out Offer From Apollo
Value-added aluminium firm Arconic Inc. may be only days away from a buy-out by private equity firm Apollo Global Management LLC according to unnamed sources who spoke to Bloomberg late last week. Per the sources, who spoke from behind the veil of...
Arconic Offers Appointment of Two Elliott Candidates to Board Before Resuming Ad Hominem Fisticuffs
The next move in an acrimonious proxy fight was taken by Arconic on Monday when it released a statement offering...
Alcoa Expands Board of Directors to Fifteen with Three New Appointees
American aluminium giant Alcoa announced today that it would expand its board of directors to fifteen with the appointment of...
Events
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
