Aditya Birla plans to raise $2.6 billion to fund Aleris acquisition2 min read . Updated: 24 Jul 2018, 10:02 AM IST
Negotiations stalled due to antitrust issues surrounding Aleris have revived after Aleris and Aditya Birla's Novelis reached an agreement over the extent of responsibility both sides will bear to pass regulatory scrutiny
Mumbai: Almost eight months after the Aditya Birla Group began negotiations to buy Ohio-based aluminium maker Aleris Corp., a definitive agreement is in sight, two people aware of the development said, adding a deal is likely to be signed in the next few weeks.
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