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Europe Daily Bulletin No. 7710

5 May 2000
Contents Publication in full By article 23 / 47
GENERAL NEWS / (eu) eu/competition
Commission authorises merger between Alcoa and Reynolds Metals (alumunium) under certain conditions

Brussels, 04/05/2000 (Agence Europe) - As EUROPE mentioned briefly yesterday, following an in-depth investigation the European Commission has agreed to the merger between the American aluminium producers Alcoa and Reynolds Metals, depending on undertakings made by both parties. EUROPE recalls that Alcoa, the world's largest aluminium producer, present in North America, Brazil, Australia, China and in he EU, had launched a bid in August last to take over its compatriot Reynolds for $5.9 bn...

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