Alcoa Completes Sale of Packaging and Consumer Businesses To Rank Group
NEW YORK—Alcoa announced it has completed the sale of its packaging and consumer businesses to New Zealand’s Rank Group Limited.
Alcoa’s packaging and consumer businesses generated approximately 11 percent of Alcoa 2007 revenues and approximately 4.6 percent of 2007 after-tax operating income. Businesses included in the sale are:
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