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Hindalco of India Buys Aluminum Rival.
- Source :
-
New York Times . 2/12/2007, Vol. 156 Issue 53853, pC2-C2. 1/8p. - Publication Year :
- 2007
-
Abstract
- The article reports on the acquisition of the North American based producer of rolled aluminum, Novelis Inc., by Hindalco Industries Ltd. of India. Novelis is the world's largest producer of rolled aluminum and Hindalco is a copper and aluminum manufacturer. Hindalco will pay $3.6 billion for the deal which awaits approval by two thirds of Novelis's shareholders. Novelis share prices have risen due to the takeover speculation.
Details
- Language :
- English
- ISSN :
- 03624331
- Volume :
- 156
- Issue :
- 53853
- Database :
- Academic Search Index
- Journal :
- New York Times
- Publication Type :
- News
- Accession number :
- 24345046