Hydro acquires additional 20% of Vianode

seekingalpha09-09

Norsk Hydro (OTCQX:NHYDY) said on Monday that private equity fund Altor has exercised its put option, requiring Hydro to acquire an additional 20 percent of Vianode, resulting in an equal 50/50 ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2466197714?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/498062927/image_498062927.jpg","is_english":true,"pubTime":"2024-09-09 23:47","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2466197714","market":"nz","top_or_hot":-1,"title":"Hydro acquires additional 20% of Vianode","media":"seekingalpha","content":"<div>\n<p>Norsk Hydro (OTCQX:NHYDY) said on Monday that private equity fund Altor has exercised its put option, requiring Hydro to acquire an additional 20 percent of Vianode, resulting in an equal 50/50 ...</p>\n\n<a href=\"https://seekingalpha.com/news/4148075-hydro-acquires-additional-20-of-vianode\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hydro acquires additional 20% of Vianode</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHydro acquires additional 20% of Vianode\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-09 23:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4148075-hydro-acquires-additional-20-of-vianode><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Norsk Hydro (OTCQX:NHYDY) said on Monday that private equity fund Altor has exercised its put option, requiring Hydro to acquire an additional 20 percent of Vianode, resulting in an equal 50/50 ...</p>\n\n<a href=\"https://seekingalpha.com/news/4148075-hydro-acquires-additional-20-of-vianode\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NHYDY","symbol_name":"Norsk Hydro ASA","start_time":0,"source_url":"https://seekingalpha.com/news/4148075-hydro-acquires-additional-20-of-vianode","article_id":"2466197714","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/498062927/image_498062927.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2466197714","pubTimestamp":1725896854,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Norsk Hydro  said on Monday that private equity fund Altor has exercised its put option, requiring Hydro to acquire an additional 20 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  said Hydro has incurred no additional costs for the acquisition.","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NHYDY":"Norsk Hydro ASA","BK4153":"铝"},"translate_title":"Hydro额外收购Vianode 20%的股份","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NHYDY":1},"content_text":"Norsk Hydro (OTCQX:NHYDY) said on Monday that private equity fund Altor has exercised its put option, requiring Hydro to acquire an additional 20 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.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2466197714"}