DOJ Seeks Divestiture After Win In Novelis Merger Arbitration

The U.S. Department of Justice asked an Ohio federal court on Tuesday to greenlight a proposed judgment forcing Novelis Inc. to accept a divestiture in order to complete its planned $2.6 billion purchase of Aleris Corp., following a first-of-its-kind win for the agency in arbitration over the tie-up…

Read this piece in its entirety at Law360.

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