The joining of Alcan, Pechiney and Algroup produced some major communications challenges
This was a big deal. On August 11, 1999 Alcan of Canada, Pechiney of France and the Swiss Algroup announced that they were proposing to merge to form the world's largest aluminum group. The result would be a single trading company with combined sales of over US$21 bn and a market cap of around $19 bn. The temporary name of the group would be Alcan-Pechiney-Algroup (APA) and, as it was stressed throughout, this was to be a merger of equals.
As part of that commitment to equality, the deal
You need to register to access 3 free deep dive articles per month. To continue reading please register or login below..
- Unlimited deep dives
- Data-driven research around key topics
- Buy-side insights
- Benchmarking reports
From
$1495
