Betaville Intelligence

RARE ALERT: Novelis said to ... - part 3

Friday, 1 September 2017, 11:16 am

Bloomberg last night reported that Indian billionaire Kumar Birla is evaluating a bid for aluminium company Constellium. Below is the link:

https://www.bloomberg.com/news/articles/2017-08-31/billionaire-birla-is-said-to-evaluate-constellium-aleris-bids

Now, subscribers to Betaville Intelligence won't be too surprised to read that Birla, who ultimately controls Novelis and parent company Hindalco, is looking at Constellium as early last month this website was the first to reveal that Novelis/Hindalco had made an approach (see the link below).

https://www.betaville.co.uk/betaville-intelligence/novelis-said-to-part-2/..

[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].

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