TORONTO, July 19, 2007—The $6 billion purchase of Novelis, Inc. by Hindalco Industries Ltd., announced last February, ranks as one of the top 10 deals in Canada in the first half of 2007, according to The Globe and Mail. King & Spalding was adviser to Novelis.
The deal ranked seventh on The Globe and Mail’s list.
The combination of Hindalco, India’s largest non-ferrous metals company, and Toronto-based Novelis, a global leader in aluminum rolled products and aluminum can recycling, creates the world’s largest aluminum rolling company.
The King & Spalding legal team advising Novelis was led by partners John J. Kelley III and C. William Baxley.
King & Spalding is an international law firm with more than 800 lawyers in Atlanta, Charlotte, Dubai, Houston, London, New York, Riyadh (affiliated office) and Washington, D.C. The firm represents half of the Fortune 100, and in a Corporate Counsel survey in August 2006 ranked as one of the top ten firms representing Fortune 250 companies overall. For additional information, visit www.kslaw.com.