Novelis completes Aleris acquisition following Duffel plant sale

Downstream aluminium products producer Novelis Inc has completed the acquisition of Aleris Corp for $2.8 billion, the company announced on Tuesday April 14.

Novelis announced plans to buy Aleris in July 2018, but the acquisition has been delayed due to a European Commission (EC) investigation.
There were concerns that the deal may reduce competition in the semi-finished aluminium market, leading to the investigation.

US-based Novelis, a subsidiary of India's Hindalco, and Aleris are both global downstream aluminium...

Another 'Bubble Check' for the gold sector

Gold stocks continue to hit new highs

Some mining stocks exposed to Burkina Faso take major hit

Gold stocks again hit new highs

Gold stocks reach new highs on metal price gain