 "Kumar Mangalam Birla")
Indian billionaire Kumar Mangalam Birla is evaluating possible bids for Constellium NV and Aleris Corp as his conglomerate seeks to grow its aluminum operations overseas, people with knowledge of the matter said.
Deliberations are at an early stage, and Aditya Birla Group hasn't yet decided whether to proceed with an offer for either business, according to the people. The conglomerate could decide to pursue an acquisition through Novelis Inc, a unit of Birla's Mumbai-listed Hindalco Industries Ltd, one of the people said, asking not to be identified because the information is private.
Shares of Constellium jumped 8.1 per cent in
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