US DOJ proposes Novelis divest Aleris stake over competition concerns

The US Department of Justice has proposed in federal court that Novelis, owned by Hindalco, be ordered to divest its entire stake in Aleris due to competitive concerns in the aluminum automotive body sheet market.

“आज प्रस्तावित किया गया विनिवेश एल्युमीनियम ऑटोमोटिव बॉडी शीट के बाजार में प्रतिस्पर्धा को बनाए रखेगा”navbharattimes.indiatimes.com

• 1 source
• navbharattimes.indiatimes.comअमेरिका ने कहा, हिंडाल्को के स्वामित्व वाली नोवेलिस को करना होगा एलेरिस में हिस्सेदारी का विनिवेश - us said hindalco-owned novelis will have to divest stake in aleris - Navbharat TimesMay 13, 2020

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