Metals conglomerate GFG Alliance has reached an agreement to acquire Aleris' aluminium rolling mill Duffel in Belgium, a GFG representative said on Friday December 6.
The agreement for the sale of the mill is one of the conditions for the $2.6 billion merger of downstream aluminium product producers Novelis and Aleris, as laid out by the European Commission (EC) in October as part of its conditional approval for the deal - should the Duffel deal pass EU and China regulatory reviews."This is another important step forward in Novelis' acquisition of Aleris,"...