Nov 13, 2017ACQUISITIONUnited States Zhongwang USA and Aleris abandon $2.3B merger after CFIUS concerns
Zhongwang USA LLC's planned acquisition of Aleris Corporation for approximately $2.3 billion has been abandoned after the merger agreement expired on November 12, 2017, due to unresolved CFIUS national security concerns.
Productsaluminum
“Aleris Corporation’s planned acquisition by Zhongwang USA LLC has been abandoned after the merger agreement expired on November 12, 2017.”tradepractitioner.com
- 5 sources
- tradepractitioner.comZhongwang USA LLC/Liu Zhongtian and Aleris Corporation Abandon CFIUS Filing | The Trade PractitionerTrade PractitionerNov 13, 2017
- prnewswire.comZhongwang USA Acquisition of Aleris Will Not ProceedAlerisNov 13, 2017
- reuters.comAleris, Zhongwang USA scrap merger after regulatory snag | ReutersNov 13, 2017
- usglassmag.comZhongwang USA Terminates $2.3 Billion Proposed Acquisition of Aleris Corp.News EditorNov 14, 2017
- dwmmag.comZhongwang USA Terminates Proposed Acquisition of AlerisJordan Scott
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