The EU Commission adopts final measures to preserve the divestment of a former company plant in Belgium after a merger (Novelis / Aleris)

Mergers : Commission adopts final measures to preserve the divestment of former Aleris plant in Belgium following Novelis' acquisition of Aleris* The European Commission has adopted final measures to preserve the divestment of the former Aleris plant in Duffel, Belgium, by Novelis under the EU Merger Regulation. To obtain clearance of its acquisition of Aleris in 2019, Novelis offered to divest the plant in binding commitments but failed to close the sale within the deadline set in those commitments, despite extensions granted. As a result of the breach of this condition of the Commission's 2019 clearance decision, the decision and the commitments became inapplicable. The Commission therefore adopted provisional interim measures

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European Commission, The EU Commission adopts final measures to preserve the divestment of a former company plant in Belgium after a merger (Novelis / Aleris), 18 February 2021, e-Competitions Merger Remedies, Art. N° 99396

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