# Novelis receives antitrust approvals to acquire Aleris Corporation

Novelis has received antitrust approval from regulators in China, the European Commission, and the United States to close its acquisition of Aleris Corporation, announced on July 26, 2018. The EC approval is conditional on divesting Aleris' Duffel plant.

- Type: Acquisition
- Announced: 2020-02-12
- Where: Lewisport, Kentucky, United States
- Status: announced
- Products: aluminum 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

- [aluminium-journal.com](https://aluminium-journal.com/novelis-a-step-further-to-close-aleris-acquisition), 2020-02-12: "Novelis remains fully committed to completing the transaction and continues to work with all relevant parties to do so as quickly as possible."
- [spglobal.com](https://www.spglobal.com/commodity-insights/en/news-research/latest-news/metals/030920-novelis-to-divest-assets-for-us-approval-of-aleris-acquisition), 2020-03-09: "“We are moving forward with the acquisition of Aleris to realize the many benefits this transaction will bring.”"

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