8-K: Current report filing
Published on November 23, 2011
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 17, 2011
NOVELIS INC.
(Exact name of Registrant as specified in its charter)
| Canada | 001-32312 | 98-0442987 | ||
| (State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
||
| 3560 Lenox Road, Suite 2000, Atlanta, GA |
30326 | |||
| (Address of principal executive offices) | (Zip Code) | |||
Registrants telephone number, including area code (404) 814-4200
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| Item 8.01. | Other Events. |
On November 17, 2011, Novelis Inc. (the Company) issued a press release announcing that it has reached a binding agreement with Taihan Electrical Wire Co. Ltd. (TEC) and other minority shareholders of its subsidiary, Novelis Korea Limited, a Korean corporation (Novelis Korea), to purchase 31.2% of the outstanding shares of Novelis Korea for approximately $350 million in an all-cash transaction. The Company currently owns 67.9% of the outstanding shares of Novelis Korea, and following the closing of the transaction, the Company will own more than 99% of the outstanding shares of Novelis Korea. The transaction is expected to close by December 31, 2011. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein in its entirety.
| Item 9.01. | Financial Statements and Exhibits. |
| (d) | Exhibits. |
| 99.1 | Press release, dated November 17, 2011. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| NOVELIS INC. | ||||||
| Date: November 23, 2011 | By: | /s/ Leslie J. Parrette, Jr. |
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| Leslie J. Parrette, Jr. | ||||||
| General Counsel, Corporate Secretary and Compliance Officer |
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EXHIBIT INDEX
| Exhibit Number |
Description |
|
| 99.1 |
Press release, dated November 17, 2011. | |