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Aleris Corp

Hindalco unit Novelis set to complete Aleris acquisition

Manufacturing

09 April, 2020

Hindalco unit Novelis set to complete Aleris acquisition

Novelis Inc., a US-based subsidiary of Hindalco Industries Ltd, said it has received the final clearance needed to complete its ......

US sues to stop Hindalco unit Novelis' $2.6-bn purchase of Aleris

Manufacturing

05 September, 2019

US sues to stop Hindalco unit Novelis' $2.6-bn purchase of Aleris

The U.S. Justice Department on Wednesday filed a lawsuit aimed at stopping Novelis Inc's proposed $2.6 billion purchase of Aleris ......

Hindalco's US unit to buy aluminium producer Aleris for $2.6 bn

Manufacturing

26 July, 2018

Hindalco's US unit to buy aluminium producer Aleris for $2.6 bn

India’s Hindalco Industries Ltd said on Thursday its U.S. unit Novelis Inc has agreed to buy aluminium maker Aleris Corp ......

Avenue Capital eyes stake in Arcil; Khazanah may buy into Pepe Jeans India

General

23 July, 2018

Avenue Capital eyes stake in Arcil; Khazanah may buy into Pepe Jeans India

New York-based investment firm Avenue Capital Group is in advanced talks to invest about Rs 1,000 crore ($145 million) in ......

Sembcorp may list its Indian arm; JSW Group emerges top contender for Binani Cement

General

18 January, 2018

Sembcorp may list its Indian arm; JSW Group emerges top contender for Binani Cement

Singapore infrastructure conglomerate Sembcorp Industries Ltd is looking to raise $500-600 million (Rs 3,191-3,829 crore) through the initial share sale ......

IDFC-Shriram merger faces investor concerns; Hindalco eyes Aleris Corp

General

16 October, 2017

IDFC-Shriram merger faces investor concerns; Hindalco eyes Aleris Corp

IDFC Ltd is facing resistance from a group of domestic investors on the proposed merger with Shriram Group entities, The ......