Posted in | News | Business | Aluminum / Aluminium

Corus Signs Deal to Sell Off Aluminium Smelters

Jan 26 2009

Further to the Corus press statement of November 2008, Corus and Klesch have today announced that they have signed a Share Purchase Agreement (SPA) for the acquisition of Corus’ aluminium smelters by Briand Investments B.V., an affiliate of Klesch.

The signing follows completion of the internal consultation and advice process and the receipt of necessary regulatory clearances. Completion of the transaction remains subject to certain conditions being fulfilled by both parties.

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