Latham Reps Norsk Hydro In $4.9B Vale Aquisition
The companies announced the deal Sunday. Under the terms of the agreement, Vale will receive $1.1 billion in cash, as well as 22 percent stake in Hydro. Expected to close in the fourth quarter of 2010, the transaction is subject to certain customary approvals.
Hydro will also assume $700 million in debt under the...
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