Alcoa to sell packaging and consumer businesses

December 27, 2007, New York, NY – Alcoa has announced plans to sell its packaging and consumer businesses to New Zealand’s Rank Group Limited for $2.7 billion in cash.

December 27, 2007, New York, NY – Alcoa has announced plans to sell its packaging and consumer businesses to New Zealand’s Rank Group Limited for $2.7 billion in cash. The transaction is expected to be completed by the end of the first quarter 2008. Click here for the full story.