Posts tagged: Novelis

Betaville Intelligence

RARE ALERT: Novelis said to ... part 2

Wednesday, 9 August 2017, 5:03 pm

Novelis's approach for rival Constellium could value the Dutch aluminium company at up to $1.3 billion.

According to sources claiming to be familiar with the matter, Indian metals giant Hindalco, which controls Novelis, could be willing to settle a legal dispute with Constellium.

This would effectively add an extra $2 a share to Novelis's original informal $10 a share approach for Constellium, said the sources claiming to be familiar with the matter...

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Tags: Novelis