Mergers & Acquisitions Mergers & Acquisitions

Novelis has failed to meet divestiture deadline in Aleris deal, US DOJ tells court

By Jenna Ebersole
  • 19 Aug 2020 15:12
  • 19 Aug 2020 15:27
Novelis failed to meet an asset sales deadline set as part of its acquisition of Aleris, the US Department of Justice told an Ohio federal court yesterday in a request for the appointment of a trustee to ensure the divestiture.

The government challenged the Novelis-Aleris deal in September but had also reached an

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