# 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.

- Type: Acquisition
- Announced: 2017-09-25
- Where: Cleveland, Ohio, United States
- Value: $2.50B
- Status: rumored
- Products: rolled fabricated aluminium products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Aleris](https://endata.com/companies/3656.md) (target)
- [Aditya Birla Group](https://endata.com/companies/27119.md) (acquirer)

## Sources

- [mnacritique.mergersindia.com](https://mnacritique.mergersindia.com/news/aditya-birlas-acquisition-bid-may-value-aleris-corp-at-2-5-billion/), 2017-09-25: "Birla’s bid hinges on the final outcome of the talks with Zhongwang, which have been extended to the end of September."

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