U.S. orders Ford supplier Novelis to sell automotive aluminum business

CLEVELAND -- The federal government has prevailed in a complex arbitration case related to Atlanta-based Novelis Inc.'s proposed $2.6 billion acquisition of Beachwood-based Aleris Corp. — a decision that clears the way for the deal to take place, but will require Novelis to sell Aleris's entire aluminum auto body sheet operations in North America.