Report: BHP Wants Alcoa
The <I>Times</I> of London says a deal could be on the way.
Alcoa (AA) - Get Report shares rose 3% in Europe on reports the aluminum giant will be taken out by Australian mining titan BHP Billiton (BHP) - Get Report.
The
Times
of London reported BHP is planning an acquisition of Alcoa, which is itself trying to buy Canadian rival
Alcan
(AL) - Get Report
. BHP told the
Associated Press
it doesn't comment on market rumors.
