Sun European bids for Rio Tinto’s Alcan Beauty
Private equity investor Sun European Partners has made a binding offer to acquire Alcan Beauty Packaging from Rio Tinto.
Alcan Packaging Beauty, based in France, is a major supplier of plastic packaging to the beauty industry, with 26 plants in 12 countries employing around 8,000 people.
Rio Tinto will respond to this binding offer following consultation with the relevant European works councils.
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