US proposes India’s Hindalco-owned Novelis to divest investment in aluminium major Aleris’ automotive body sheet business

US proposes India’s Hindalco-owned Novelis to divest investment in aluminium major Aleris’ automotive body sheet business

The US Department of Justice is proposing a federal court to order Hindalco-owned American company Novelis to divest its stakes in aluminium major Aleris’ automotive body sheet business in North America,  due to the competitive concern with such an acquisitio…
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