Zhongwang USA LLC and Aleris agreed to extend their merger agreement through Sept. 15. The original agreement was scheduled to expire Aug. 31. People with knowledge of the matter said Indian billionaire and chairman of Aditya Birla Group Kumar Mangalam Birla is considering pitching an offer for Aleris and Constellium.

Source: https://www.bloomberg.com/news/articles/2017-09-01/aleris-says-it-extends-merger-agreement-with-zhongwang-usa
https://www.bloomberg.com/news/articles/2017-08-31/billionaire-birla-is-said-to-evaluate-constellium-aleris-bids

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