Aleris IPO delay surprises market

Apr 12, 2012 | 03:37 PM | Suzy Waite

Tags  Aleris, IPO, aerospace, automotive, aluminum, Suzy Waite

NEW YORK — Aleris International Inc.’s planned initial public offering (IPO) has been delayed, a company spokeswoman told AMM Thursday.

"Pricing of Aleris’ IPO has been postponed," she said. She declined to comment further as the company has not withdrawn its S-1 registration with the U.S. Securities and Exchange Commission and therefore remains in a quiet period.

The Beachwood, Ohio-based aluminum company’s decision to delay its IPO launch has surprised market participants who had believed an IPO was set for this week.....





Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results