Deals

Billionaire Birla Evaluating Constellium, Aleris Bids: Sources

Aditya Birla Group seeks to grow overseas aluminum operations
Conglomerate could pursue deal through U.S. unit Novelis

Kumar Mangalam Birla
Photographer: Dhiraj Singh/Bloomberg

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By George Smith Alexander, Dinesh Nair, and Siddharth Philip

August 31, 2017 at 4:39 PM UTC

Updated on

September 1, 2017 at 4:10 AM UTC

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Indian billionaire Kumar Mangalam Birla is evaluating possible bids for Constellium NV and Aleris Corp. as his conglomerate seeks to grow its aluminum operations overseas, people with knowledge of the matter said.