Skip to content

Subscriber Only

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 — Kumar Mangalam Birla
Photographer: Dhiraj Singh/Bloomberg

By

George Smith Alexander,

Dinesh Nair, and

Siddharth Vikram Philip

August 31, 2017, 4:39 PM UTCUpdated onSeptember 1, 2017, 4:10 AM UTC

Start your day with what's moving markets in Asia. Sign up here to receive our newsletter.

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.