Canadian global aluminum provider and packaging leader Alcan has received a bid from Anglo-Australian miner company Rio Tinted in a move will likely lead to the seperation of its mining and other businesses, which also focus on cosmetic packaging. The company said that Rio’s bid trumped a hostile bid by another rival in the aluminum sector, Alcoa. Alcoa offered a sum that, according to Alcan executives, significantly undervalued the company. The deal was likely to help Rio diversify beyond it...