# 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.

- Type: Regulation
- Announced: 2020-05-13
- Where: United States
- Status: announced
- Products: aluminum automotive body sheet, flat-rolled aluminum products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Novelis](https://endata.com/companies/2475.md)
- [Aleris](https://endata.com/companies/3656.md) (target)
- [Hindalco Industries](https://endata.com/companies/13368.md) (investor)

## Sources

- [navbharattimes.indiatimes.com](https://navbharattimes.indiatimes.com/business/business-news/us-said-hindalco-owned-novelis-will-have-to-divest-stake-in-aleris/articleshow/75709473.cms), 2020-05-13: "आज प्रस्तावित किया गया विनिवेश एल्युमीनियम ऑटोमोटिव बॉडी शीट के बाजार में प्रतिस्पर्धा को बनाए रखेगा"

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