Novelis completed the acquisition of Aleris for $2.8bn.

Novelis, a provider of aluminium rolling and recycling, completed the acquisition of Aleris, a global supplier of rolled aluminium products, for $2.8bn, including the assumption of debt. "Today is a transformational moment in our company's history, and I've never been more confident in our ability to deliver even more value to our customers, colleagues and the communities where we live and work. With a world-class workforce, a presence in the most competitive and technically demanding end-markets, and the ability to deliver rapid, adaptive and sustainable solutions, Novelis will be able to even better serve our customers," Steve Fisher, Novelis President, and CEO.