Alcoa: Wrapping Up Its Consumer Biz?

The aluminum giant says it's cosnidering selling the unit that makes Reynolds foil along with other assets as it streamlines operations

Alcoa (AA) said Apr. 25 that it's considering the sale of giant business units including the packaging one that makes Reynolds Wrap. The Pittsburgh aluminum producer, which continues streamlining operations even as its rivals join forces, expects to complete its evaluation by the end of 2007.

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