Reuters: Deals: HIG to buy Rio Tinto's French alumina plants

Reuters: Deals Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

HIG to buy Rio Tinto's French alumina plants Mar 28th 2012, 10:31 PARIS | Wed Mar 28, 2012 6:31am EDT PARIS (Reuters) - HIG European Capital Partners has made an offer to acquire three alumina plants in France from mining group Rio Tinto (RIO.L), Olivier Boyadjian, managing director of the private equity firm's French unit, said on Wednesday, confirming trade union sources. Rio Tinto is selling the three plants - located in Gardanne, La Bathie and Beyrede in southern France - as part of a worldwide plan to scale back its activities in aluminum. The news that HIG was the buyer for the three sites was first reported by French magazine Usine Nouvelle on its website earlier on Wednesday, citing unnamed sources. (Reporting by Jean-François Rosnoblet and Julien Ponthus; Writing by Elena Berton; Editing by Christian Plumb)

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions