◂ Announcements

Aug 29, 2016ACQUISITIONUnited States

Zhongwang USA to acquire Aleris Corporation for $2.33B

Zhongwang USA LLC, a subsidiary of China-based Zhongwang International Group, agreed to acquire Aleris Corporation for approximately $2.33 billion, pending CFIUS clearance.

Value

$2.33B

Status

Announced

Productsaluminum rolled products

CompaniesAleris target Zhongwang USA acquirer Zhongwang International Group investor Liu Zhongtian investor

Sectors#Steel and Metal Products

“Aleris is a global leader in the production and sale of aluminum rolled products.”natlawreview.com

1 source
natlawreview.comCFIUS Upcoming/New Filing: Zhongwang USA LLC/Liu Zhongtian and AlBio, ArticlesDec 13, 2016

Summarized from public sources; check the original articles before acting on it.

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Zhongwang USA to acquire Aleris Corporation for $2.33B · Endata