Novelis may acquire 60% stake in Logan Aluminium - MarketLine Financial Deals

Novelis may acquire 60% stake in Logan Aluminium

Novelis may acquire 60% stake in Logan Aluminium - MarketLine Financial Deals
Novelis may acquire 60% stake in Logan Aluminium
Published Oct 07, 2010
3 pages — Published Oct 07, 2010
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About This Report

  
Abstract:

According to Livemint.com, media sources reported that Novelis, Inc., a US-based producer of aluminum rolled products and a subsidiary of Hindalco Industries Limited, is in talks to acquire the remaining 60% stake in its US joint venture Logan Aluminium, Inc. from BP p.l.c.'s Arco Aluminium, Inc., for a cash consideration of $600 million.

  
Source:
Financial Deals, Datamonitor
Document ID
MA33807_101008
Country
India
Country
United States
Ticker
500440=IN
Ticker
NVL=US
Format:
PDF Adobe Acrobat
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MarketLine Financial Deals—MarketLine Financial Deals – Identifying and tracking major financial activity across our full scope of company and sector coverage, MarketLine Financial Deals covers mergers & acquisitions, private equity/venture capital backed buyouts, investments, and exits, IPOs and secondary and follow on offerings, and private placements and exits. Additional non-corporate financial deals including partnership agreements, joint ventures, co-development and research, licensing and co-marketing agreements are also available.

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Cite this Report

  
MLA:
MarketLine Financial Deals. "Novelis may acquire 60% stake in Logan Aluminium" Oct 07, 2010. Alacra Store. Aug 18, 2017. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Novelis-may-acquire-60-stake-in-Logan-Aluminium-2052-44667>
  
APA:
MarketLine Financial Deals. (2010). Novelis may acquire 60% stake in Logan Aluminium Oct 07, 2010. New York, NY: Alacra Store. Retrieved Aug 18, 2017 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Novelis-may-acquire-60-stake-in-Logan-Aluminium-2052-44667>
  
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