Policy Analysis

Surviving and Thriving in the Great M&A Game

By Daniel Gagnier on July 16, 2007
Canadian aluminum giant Alcan was recently the target of a US$28-billion hostile takeover bid by Alcoa and then managed to organize a friendly takeover by Rio Tinto worth US $44 billion. Clearly a Canadian firm can play in the big leagues of business and maintain their corporate responsibility. Dan Gagnier, who was at the Alcan senior management table throughout this turbulent period, shares this personal account of surviving and thriving during a global trend of consolidation.

This article appears in the 2007 July/August issue of Policy Options.