Novelis’ acquisition of Aleris approved by European Commission

Novelis Inc, a subsidiary of Aditya Birla-led Hindalco Industries, has said that the European Commission has approved its proposed acquisition

EU prohibits Tata Steel-Thyssenkrupp JV

Tata Steel on Wednesday said the European Commission has formally announced its decision to prohibit its proposed European steel joint venture with Thyssenkrupp AG.