Business Standard

Hindalco Aleris Bid

Hindalco's subsidiary Novelis completes $2.8 bn acquisition of Aleris

The deal, which closed at an enterprise value of $2.8 bn, positioned Hindalco as one of the world's largest aluminium companies, with a global footprint across 49 manufacturing facilities

Hindalco's subsidiary Novelis completes $2.8 bn acquisition of Aleris
Updated On : 14 Apr 2020 | 11:36 PM IST

Hindalco gets EU go-ahead to buy Aleris for $2.6 bn; shares up 7%

Hindalco shares closed at Rs 107 a share, as all clearance for the acquisition, which was announced in July 2018, finally fell into place for the acquisition of Cleveland-based Aleris.

Hindalco gets EU go-ahead to buy Aleris for $2.6 bn; shares up 7%
Updated On : 09 Apr 2020 | 11:45 PM IST

Hindalco likely to bid for $2.5-bn US-based aluminium firm Aleris

Deal could value the US-based aluminium producer at about $2.5 billion, including debt

Hindalco likely to bid for $2.5-bn US-based aluminium firm Aleris
Updated On : 05 Jan 2018 | 2:11 AM IST