Aleris Corporation postpones $500 million IPO

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Aleris Corporation, a global manufacturer of aluminum products and specification alloys, postponed its IPO on Wednesday. The Beachwood, OH-based company was founded in 2004 and booked $4.8 billion in sales for the 12 months ended 12/31/2011. J.P. Morgan, Barclays Capital and Deutsche Bank Securities were set to be the lead underwriters on the deal.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , IPOs

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