# 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.

- Type: Acquisition
- Announced: 2017-08-10
- Where: United States
- Value: $1.11B
- Status: announced
- Products: aluminum products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Aleris](https://endata.com/companies/3656.md) (target)
- [Zhongwang USA](https://endata.com/companies/20670.md) (acquirer)

## Sources

- [sg.finance.yahoo.com](https://sg.finance.yahoo.com/news/aleris-apos-chinese-sale-gets-035242066.html), 2017-08-10: "CFIUS continues to raise national-security concerns with the merger."
- [bloomberg.com](https://www.bloomberg.com/news/articles/2017-09-01/aleris-says-it-extends-merger-agreement-with-zhongwang-usa), 2017-09-01: "The Cleveland-based aluminum-parts maker and the company controlled by Chinese entrepreneur Liu Zhongtian agreed to extend their merger agreement through Sept. 15."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.