Hindalco Industries has provided an update on the acquisition of AluChem Companies, Inc. The transaction review by the Committee on Foreign Investment in the United States (CFIUS) has been impacted by the U.S. federal government shutdown, which began on October 1, 2025. Consequently, statutory deadlines have been tolled. Once the shutdown concludes, the process is expected to take approximately 105 days to complete.
CFIUS Review Update
The acquisition of AluChem Companies, Inc. is undergoing review by the Committee on Foreign Investment in the United States (CFIUS). A ‘short-form’ declaration was submitted on August 6, 2025, and accepted on August 12, 2025, initiating a 30-day assessment period that concluded on September 10, 2025. Subsequently, a ‘long-form’ declaration was submitted on September 30, 2025.
Impact of U.S. Government Shutdown
The ongoing U.S. federal government shutdown, starting October 1, 2025, has put the CFIUS review timeline on hold. All statutory deadlines are suspended during this period.
Expected Completion Timeline
Upon the conclusion of the shutdown and CFIUS’s formal acceptance of the final filing for review, the process is estimated to take approximately 105 days to complete. The company has stated it will continue to provide updates on the acquisition process.
Source: BSE