CHINA TOPIX

11/22/2024 09:36:15 am

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Zhongwang USA LLC

Investment firm Zhongwang USA LLC has agreed to buy Ohio-based aluminum company Aleris Corp for $2.33 billion including debt.

Chinese-Backed Zhongwang USA Snaps Up Aleris Corp

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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