Aditya Birla Group to bid for Aleris Corp at $2.5 billion

Aditya Birla Group is preparing a bid for aluminium maker Aleris Corp, valuing it at $2.5 billion enterprise value, with an offer expected as soon as the first week of October 2017.

“Birla’s bid hinges on the final outcome of the talks with Zhongwang, which have been extended to the end of September.”mnacritique.mergersindia.com

• 1 source
• mnacritique.mergersindia.comAditya Birla’s acquisition bid may value Aleris Corp at $2.5 billion | M&A CritiqueSep 25, 2017

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