Hydro to sell Rolling business area to €1,380 million

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Energy and aluminium company Norsk Hydro ASA has entered into an agreement to sell its Hydro Rolling business to KPS Capital Partners for €1,380 million on an enterprise value basis, a major step in Hydro’s agenda to improve profitability and drive sustainability. The transaction includes seven plants, one R&D center, global sales offices, and around…

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