Novelis set to win EU approval for $2.6B Aleris acquisition

Novelis is expected to secure EU antitrust approval for its $2.6 billion bid for Aleris, after agreeing to sell Aleris' Belgian plant to address competition concerns.

“U.S. aluminium producer Novelis is set to secure EU antitrust approval for its $2.6 billion bid for Aleris, people familiar with the matter said on Thursday.”reuters.com

• 10 sources
• reuters.comNovelis' $2.6 billion Aleris deal set for EU green light: sourcesFoo Yun CheeAug 29, 2019
• thehindubusinessline.comNovelis to contest US lawsuit against Aleris deal - The HinduBusinessLineOur BureauSep 5, 2019
• livemint.comHindalco to go ahead with Aleris acquisition despite lawsuit in USTanya ThomasSep 5, 2019
• hindustantimes.comHindalco says committed to Aleris acquisition despite US lawsuit | Business NewsTanya ThomasSep 5, 2019

Summarized from public sources; check the original articles before acting on it.