Hindalco Industries Limited has announced a temporary halt to its acquisition of AluChem Companies, Inc. due to a partial shutdown of the U.S. federal government. This shutdown has impacted the ongoing review process by the Committee on Foreign Investment in the United States (CFIUS).
CFIUS Review Process Impacted
The company previously filed both a ‘short-form’ and a ‘long-form’ declaration with CFIUS in connection with the proposed acquisition. Statutory timelines under the CFIUS review framework have been tolled as a result of the shutdown.Transaction Status
Currently, there is no definitive timeline available for the conclusion of the shutdown, and consequently, the CFIUS review and the related transaction remain temporarily halted. Hindalco Industries Limited will provide further updates as material developments occur or upon completion of the review process.All other details, as outlined in a letter dated June 24, 2025, remain unchanged.
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