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 ...

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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":{"BK4153":"铝","NHYDY":"Norsk Hydro ASA"},"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. 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Norsk Hydro (OTCQX:NHYDY) said Hydro has incurred no additional costs for the acquisition.","kind":null,"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":"4.28.3","shortVersion":"4.28.3","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"}