PRINT THIS PAGE Private equity firms consider bids for Canadian Alcan16/09/2004. Source: AltAssets. 
 A number of private equity firms including Blackstone and Kohlberg Kravis Roberts are believed to be considering bids of between $4bn and $5bn for the rolled products business of Canadian aluminium manufacturer Alcan.
Other buy-out firms expected to bid include Apollo Advisors, Bain Capital, Madison Dearborn Partners, Ripplewood Holdings and Permira.
Alcan's rolled products unit makes the metal for the beverage can, car parts, and foil industries and with annual revenues of $6.4bn is the biggest aluminium rolled products company in the world.
Alcan announced that it was planning to spin off the unit in May this year in order to address regulatory concerns about the company's 2003 purchase of French aluminium maker Pechiney.
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