Rio Tinto has received a binding offer from packaging manufacturer Amcor to acquire the majority of the Alcan Packaging businesses, comprising the global pharmaceuticals, global tobacco, food Europe and food Asia divisions, for a total of more than USD2 billion. This is Rio's second step to take leave of Alcan's Packaging business. The mining giant recently announced the sale of the Alcan Packaging food Americas division to Bemis Company for USD1.2 billion. The remaining Beauty packaging division will be divested separately.
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