Monday, July 23, 2007

N.Hydro says sold 2 magnesium plants to Straits

(Reuters) - "The sale will have a modest positive book effect," Norsk
Hydro ASA, the energy and aluminium group, said in a statement.




"The divestment concludes Hydro's decision to withdraw from
the magnesium business," it said, adding that the divestment was
subject to approval by Chinese and German authorities.


Read more at Reuters.com Mergers News

No comments: