Zhongwang
Chinese-Backed Zhongwang USA Snaps Up Aleris Corp
| Charissa Echavez | | Aug 31, 2016 11:22 AM EDT |
Investment firm Zhongwang USA LLC has agreed to buy Ohio-based aluminum company Aleris Corp for $2.33 billion including debt, the Chinese aluminum maker backed by Liu Zhongtian said on Monday, marking the biggest deal a Chinese firm has offered for a US metals producer.
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