Norway's Hydro makes $240 mln bid for Poland's Alumetal
29/04/2022 06:07
OSLO, April 29 (Reuters) - Norwegian metals maker Norsk
Hydro NHY.OL said on Friday it had offered to buy Polish
recycler Alumetal AMT.WA for 1.07 billion zloty ($240.4
million).
Hydro said two members of Alumetal's supervisory board and
all members of the management board had already agreed to the
bid, giving the Norwegian company a stake of 39% so far.
($1 = 4.4514 zlotys)
(Reporting by Terje Solsvik; Editing by Jacqueline Wong)
((terje.solsvik@thomsonreuters.com; +47 918 666 70))
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