# US DOJ proposes Novelis divest Aleris North American automotive body sheet operations

The US Department of Justice proposed a federal court order requiring Hindalco-owned Novelis to divest all stakes in Aleris' North American aluminum automotive body sheet operations due to antitrust concerns, following an arbitration ruling in favor of the US.

- Type: Regulation
- Announced: 2022-04-20
- Where: United States
- Status: announced
- 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)
- [Aleris](https://endata.com/companies/3656.md) (target)
- [Hindalco Industries](https://endata.com/companies/13368.md) (investor)

## Sources

- [thehawk.in](https://www.thehawk.in/news/economy-and-business/us-proposes-india's-hindalco-owned-novelis-to-divest-investment-in-aluminium-major-aleris), 2022-04-20: "Today's proposed divestiture preserves competition in the market for aluminum automotive body sheet"

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