Hydro acquires additional 20% of Vianode [Seeking Alpha]
NORSK HYDRO A S ADS (NHYDY)
NASDAQ:AMEX Investor Relations:
hydro.com/en/investor-relations
Company Research
Source: Seeking Alpha
percent of Vianode, resulting in an equal 50/50 ownership stake for both parties. Vianode is a synthetic graphite manufacturer for the batteries industry. After Elkem's exit from Vianode in March 2024, Altor and Hydro remained shareholders with 70% and 30% ownerships respectively. The shareholder agreement included a put-and-call option where each party can require a 50/50 percent ownership and share costs accordingly. Norsk Hydro ( OTCQX:NHYDY ) said Hydro has incurred no additional costs for the acquisition. Recommended For You More Trending News Recommended For You More Trending News About NHYDY Stock Related Stocks Trending Analysis Trending News
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NHYDY
Earnings
- 4/24/24 - Beat
NHYDY
Analyst Actions
- 10/18/24 - Barclays PLC