Exclusive: EU to block Novelis, Aleris deal unless concessions offered – sources

EU antitrust regulators will block Novelis’ [NVLXC.UL] $2.6 billion bid for steel processor Aleris [TXPACA.UL] if the U.S. aluminum producer does not offer concessions by Aug. 9, people familiar with the matter said.

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Source:: Reuters – Business News