This news is classified in: Traditional Energy Power Generation
Sep 14, 2018
Norsk Hydro ASA has withdrawn from the acquisition process for Rio Tinto's Icelandic aluminium plant ISAL. As previously reported, Hydro made a binding offer to acquire the plant in February. According to a statement released today, the decision is due to the fact that the European Commission (EC) competition approval process has taken longer than anticipated.
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