Deal Snapshot
VALE SELLS NORSK HYDRO SHARES FOR USD1.65BN
Thursday 26 December 2013

Brazilian metals and mining group Vale SA (NYSE:VALE) has sold 407.12m shares in Norsk Hydro ASA (LON:NHY) for gross proceeds of NOK10.178bn (USD1.65bn/EUR1.23bn), the Norwegian aluminium producer said.


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Details
Date Published: 26/12/2013
Target: Norsk Hydro ASA
Country: Norway
Deal Size: 1.7bn (USD)
Sector: Metals/Mining
Type: Divestment
Status: Closed
Vendor: Vale SA
Buyer: Several unnamed investors
Comment:
Deal size refers to price for base offering. of 407.1m shares.

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