Question
Download Solution PDFIn August 2018, Hindalco’s wholly-owned subsidiary Novelis Inc. announced the acquisition of a global aluminium rolled products company that is headquartered in the US. Name the acquired company.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDF- In August 2018, Hindalco’s wholly-owned subsidiary Novelis Inc. announced the acquisition of a global aluminium rolled products company Aleris Corporation that is headquartered in the US.
- Kumar Mangalam Birla is the Chairman of Hindalco.
- Aleris has its manufacturing facilities in Asia, Europe, and the US.
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