| |
| | BHP Billiton not currently eyeing Alcoa: sources | Reuters |
 | | SYDNEY/LONDON (Reuters) - Mining giant BHP Billiton Ltd. (BHP.AX: Quote, Profile, Research) (BLT.L: Quote, Profile, Research) is not currently working on a bid for U.S. aluminum producer Alcoa Inc (AA.N: Quote, Profile, Research), sources close to the matter said on Tuesday, playing down a newspaper report. |
 | | The Times newspaper said both BHP and Rio Tinto Ltd. (RIO.AX: Quote, Profile, Research)(RIO.L: Quote, Profile, Research) have drawn up separate plans for a $40 billion takeover of Alcoa Inc., helping to boost Alcoa's share price by as much as 10 percent. |
 | | BHP and Rio, which are listed in both Australia and London, declined to comment on the report, as did Alcoa, which has a market capitalization of about $28.5 billion. |
| www.reuters.com /article/ousiv/idUSN1243823220070213 (440 words) |
|