# EU opposes Hindalco's acquisition of Aleris Corp

European antitrust regulators have opposed Hindalco Industries' acquisition of aluminum producer Aleris Corp, citing concerns about reduced competition and higher prices for automotive aluminum plates.

- Type: Acquisition
- Announced: 2019-07-05
- Status: announced
- Products: aluminum plates
- 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

- [news.metal.com](https://news.metal.com/newscontent/100946305-eu-opposes-indian-aluminiums-acquisition-of-aleris-corp-for-fear-of-rising-prices), 2019-07-05: "European regulators expressed concern in March that the acquisition could lead to fewer consumer choices, pushing up the price of aluminium plates that make cars."

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