# Arbitrator blocks Novelis acquisition of Aleris on antitrust grounds

An arbitrator ruled against Novelis Inc.'s proposed $2.6 billion acquisition of Aleris Corp., finding it would harm competition in the aluminum automotive body sheet market. The decision followed a DOJ antitrust lawsuit.

- Type: Regulation
- Announced: 2020-03-09
- Where: United States
- Value: $2.60B
- Status: cancelled
- Products: aluminum automotive body sheet
- 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

- [industryweek.com](https://www.industryweek.com/leadership/corporate-finance/article/21125740/justice-department-blocks-major-aluminum-producer-acquisition-on-antitrust-grounds), 2020-03-09: "“This decision ignores the reality of the automotive body sheet market and the competition we have faced against steel for years.”"

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