26 Feb 2026 | 5 Mins Read
US govt shutdown halts review of AluChem deal
Flipitmoney
Hindalco Industries Ltd's proposed acquisition of AluChem Companies, Inc. is halted due to the partial US federal government shutdown, tolling CFIUS review timelines. Hindalco announced the $125 million all-cash deal in February 2023, expected to close in the next quarter pending regulatory approvals. CFIUS reviews foreign investments for national security risks.