Hosted on MSN8mon
Novelis Postpones Over $900 Million U.S. IPO
Hindalco-backed aluminum recycling company Novelis has postponed its U.S. listing of over $900 million, citing market conditions. “Novelis will continue to evaluate the timing of the offering in ...
Business Line27d
Novelis raises $750 million through senior notes offering, exceeds initial target
Novelis Corporation, a wholly owned subsidiary of Hindalco Industries Limited, has priced its senior notes offering at $750 million, surpassing the previously announced target by $250 million. The ...
Morningstar20d
Novelis Recognized by World Economic Forum as a Leader in Sustainable Manufacturing
ATLANTA, Jan. 16, 2025 /PRNewswire/ -- The following is a blog post by Cary Chenanda, President, Novelis North America, and Executive Vice President, Novelis. As the world's largest recycler ...
moneycontrol.com27d
Hindalco shares gain despite US-arm Novelis' weak Q3 business update; CLSA maintains 'outperform'
Novelis, a 100 percent downstream subsidiary of Hindalco, expects its adjusted Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) to range between $360 million and $370 million.