Novelis (NVL) Up on More Takeover Rumors
Novelis Inc. (NYSE: NVL) is moving higher again today on talk a takeover offer from Hindalco could be announced soon. Reports today suggest Hindalco could make a $6-$8 billion bid, higher than the $5-$6 billion price range originally discussed.
In Late January, Novelis confirmed it was in discussions with various parties that could lead to a potential sale of the Company.
In Late January, Novelis confirmed it was in discussions with various parties that could lead to a potential sale of the Company.
0 Comments:
Post a Comment
<< Home