Kumar Mangalam Birla’s Hindalco taps banks for Aleris Corp acquisition

Kumar Mangalam Birla’s Hindalco taps banks for Aleris Corp acquisition

Kumar Mangalam Birla, chairman of Aditya Birla Group. Photo: Abhijit Bhatlekar/Mint

India billionaire Kumar Mangalam Birla’s Hindalco Industries Ltd. has gathered a consortium of Asian, U.S. and European banks to fund its takeover of aluminum producer Aleris Corp.

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