Exclusive: Novelis must offer concessions or face EU veto to $2.6 billion Aleris deal – sources

U.S. aluminum maker Novelis [NVLXC.UL] must offer concessions to European Union competition authorities by Aug. 9 to gain approval for its $2.6 billion takeover of aluminum processor Aleris [TXPACA.UL], sources close to the matter said.

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Source:: Reuters – Business News