Aleris extends deal

Aleris extends deal

According to reports, Aleris International has extended a merger agreement with a Chinese company to September 15th. 

The Cleveland, Ohio-based aluminium and rolled products producer now has until September 15 to work out a mutually acceptable deal with Zhongwang USA LLC, controlled by Chinese businessman Liu Zhongtian. 

The deal was initially scheduled to expire August 31.

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