Zhongwang USA's acquisition of Aleris faces CFIUS delays

Zhongwang USA's proposed $1.11 billion acquisition of U.S. aluminum product maker Aleris Corp. is at risk due to national security concerns raised by CFIUS. The parties withdrew their CFIUS notice, and there is no assurance the deal will be approved.

“CFIUS continues to raise national-security concerns with the merger.”sg.finance.yahoo.com

• 2 sources
• sg.finance.yahoo.comAleris's Chinese Sale Gets Held Up by U.S. Security Concerns (1)Joe Deaux, David McLaughlinAug 10, 2017
• bloomberg.comAleris Keeps Door Open to Takeover by Chinese Aluminum Baron - BloombergJoe DeauxSep 1, 2017

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