# Hindalco considering bid to acquire Aleris Corp

Hindalco Industries is preparing to mount a multi-billion dollar bid to acquire Aleris Corp., a US-based aluminium parts maker, after exclusive negotiations between Aleris and China Zhongwang Holdings expired on October 13, 2017.

- Type: Acquisition
- Announced: 2017-10-16
- Where: Cleveland, Ohio, United States
- Status: rumored
- Products: aluminium parts
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Aleris](https://endata.com/companies/3656.md) (target)
- [Hindalco Industries](https://endata.com/companies/13368.md) (acquirer)

## Sources

- [mnacritique.mergersindia.com](https://mnacritique.mergersindia.com/news/hindalco-weighing-bid-to-acquire-aleris-corp-of-us/), 2017-10-16: "Hindalco is gearing up to mount a multi-billion dollar bid to acquire Aleris Corp. from its private equity owners"

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