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Image header Agence Europe
Europe Daily Bulletin No. 9424
Contents Publication in full By article 33 / 49
GENERAL NEWS / (eu) eu/competition

Commission approves proposed acquisition of Novelis by Hindalco

Brussels, 10/05/2007 (Agence Europe) - On Tuesday 8 May, the European Commission approved the proposed acquisition of the US based aluminium company Novelis by Hindalco. Hindalco is Asia's largest integrated aluminium producer and is also active in the copper industry in Asia. However, it has no aluminium production facilities outside of India. Novelis is active in the aluminium sector, both at the upstream level in the production of alumina, primary aluminium and in particular in beverage...

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