Novelis to acquire downstream aluminum producer Aleris for about $2.6 billion

Novelis agreed to acquire Aleris, a global rolled aluminum products supplier, for about $2.6 billion including assumed debt, to diversify its portfolio and expand in Asia and automotive. The deal was announced on July 26, 2018.

“Novelis Inc. today announced it has signed a definitive agreement to acquire Aleris Corporation, a global supplier of rolled aluminum products, for approximately $2.6 billion including the assumption of debt.”investors.novelis.com

• 1 source
• investors.novelis.comNovelis to Acquire Downstream Aluminum Producer Aleris :: Novelis Inc.Jul 26, 2018

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