Alcoa Files US Antitrust Papers For Alcan Deal

Alcoa said it filed with the U.S. Federal Trade Commission and the Department of Justice the notification and report forms required under the Hart-Scott-Rodino Antitrust Improvement Act of 1976, as amended, relating to its May 7 outstanding offer for Alcan.

“We are confident that the transaction will be approved in each relevant jurisdiction,” the company said.

The offer and withdrawal rights are scheduled to expire at 5:00 p.m. ET on July 10, subject to extension.