# European Commission suspends review of Novelis' acquisition of Aleris

The European Commission stopped the clock on its in-depth investigation into Novelis' proposed acquisition of Aleris Corp for $2.6 billion, due to the parties failing to provide information in time. The deadline was previously set for August 8, 2019.

- Type: Acquisition
- Announced: 2019-05-14
- Value: $2.60B
- Status: announced
- Products: semi-finished aluminium products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Novelis](https://endata.com/companies/2475.md) (acquirer)
- [Aleris](https://endata.com/companies/3656.md) (target)

## Sources

- [business-standard.com](https://www.business-standard.com/article/companies/novelis-acquisition-of-aleris-hits-european-commission-roadblock-119051500042_1.html), 2019-05-14: "The Commission on Tuesday 'stopped the clock' on its in-depth investigation into Novelis' proposed acquisition of Aleris."

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