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Europe Daily Bulletin No. 12661

19 February 2021
Contents Publication in full By article 19 / 32
ECONOMY - FINANCE - BUSINESS / Competition
European Commission adopts definitive measures to safeguard divestiture of former Aleris plant in Belgium
Brussels, 18/02/2021 (Agence Europe)

On Thursday 18 February, the European Commission adopted definitive measures to safeguard Novelis’s divestiture of the former Aleris plant in Duffel, Belgium (see EUROPE B12339A14).

In order to obtain authorisation to purchase Aleris in 2019, Novelis offered to divest the plant under binding commitments, but was unable to complete the sale within the deadline, despite the extensions it was granted.

As a consequence of the failure to comply with this condition, the decision and the...

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EXTERNAL ACTION
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EU RESPONSE TO COVID-19
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