EU regulators investigate Novelis' proposed $2.6B purchase of Aleris

European Union antitrust regulators have opened an in-depth investigation into Novelis' proposed $2.6 billion purchase of Aleris, announced in summer 2018. The deal would acquire Aleris' 13 global manufacturing facilities, including automotive finishing lines.

“Our in-depth investigation aims to ensure that the acquisition of Aleris by Novelis does not have a negative impact on effective competition in aluminum markets.”recyclingtoday.com

• 2 sources
• recyclingtoday.comEU regulators investigate Novelis’ proposed purchase of Aleris - Recycling TodayDeAnne Toto, Editorial DirectorMar 27, 2019
• miningmetalnews.comEU investigates Noveli's acquisition of Aleris | MININGMETALnews.comMarkku BjörkmanMar 29, 2019

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