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...