Dalal Street may not have welcomed Kumar Mangalam Birla's strategy when he bought out Novelis for a whopping $6 billon.But five months later the pieces in Kumar Birla's metal plans are all falling into place with Hindalco acquiring Alcan's stake in Utkal Alumina.Birla has completed his upstream to downstream dream in the aluminum space with this deal. Hindalco which already has 55 per cent stake bought out Alcan's 45 per cent stake in Utkal Alumina.
