During World War II General Dwight D. Eisenhower planned the North African and Normandy victories in the London office of the British Aluminium Co., Ltd. Last week the same office was the scene of a crushing defeat for British Aluminium in one of the biggest financial fights in the City's history. The victors: Britain's aggressive Tube Investments, Ltd., and Reynolds Metals, No. 2 U.S. aluminum company. Down with the British Aluminium management went Alcoa, No. 1 U.S. producer, which had hoped to get an important foothold in Europe's aluminum market by buying...
To continue reading:
or
Log-In