Tag: Aleris
Novelis Completes Controversial Aleris $2.8B Acquisition
Novelis of Atlanta has completed its acquisition of Beachwood-based Aleris Corp. for US$2.8 billion, growing its business and strengthening its foothold in the aerospace...
EU: Commission clears Novelis’ buy of Aleris, with conditions
The European Commission said on Tuesday it had approved the acquisition of aluminum automotive body sheets producer Aleris by its larger competitor Novelis on...
US: DOJ sues to stop Novelis purchase of Aleris
The US Justice Department on Wednesday filed a lawsuit aimed at stopping Novelis Inc’s proposed $2.6 billion purchase of Aleris Corp because of concern...
EU: Novelis’ US$2.6B Aleris deal to clear soon
US aluminum producer Novelis is set to secure EU antitrust approval for its US$2.6 billion bid for Aleris, reported Reuters on Thursday, August 29,...
EU: Novelis offers concessions in Aleris deal
US aluminum producer Novelis has offered concessions to address EU antitrust concerns over its US$2.6 billion bid for aluminum producer Aleris, a filing on...
India/US: Aleris agrees to sell for US$2.6b
In an effort to diversify its product portfolio and global footprint, Hindalco Industries’ U.S. subsidiary Novelis has agreed to buy US-based aluminium producer Aleris...
US: Aluminum maker Aleris says Zhongwang USA deal is off
Zhongwang USA, an investment firm backed by a Chinese tycoon, has called off its planned acquisition of US aluminum maker Aleris after failing to...
