Norsk Hydro acquires Orkla's 50% stake in Sapa for NOK 27 billion

Norsk Hydro agreed to acquire Orkla's 50 percent interest in Sapa for an enterprise value of NOK 27 billion, giving Hydro full ownership of the global leader in extruded aluminium solutions.

“Hydro is now confirming its position as the world's leading integrated aluminium company and the transaction reinforces our strategic direction Better, Bigger and Greener.”hydro.com

• 6 sources
• hydro.comHydro acquires Sapa to create a global aluminium champion | HydroJul 10, 2017
• tu.noHydro overtar aluminiumsselskapet Sapa | Tu.nonull nullJul 10, 2017
• lightmetalage.comHydro Acquires Sapa to Become a Global, Integrated Aluminum Company - Light Metal Age MagazineAndrea SvendsenJul 11, 2017
• magnoliareporter.comNorsk Hydro acquires Sapa -- including Magnolia facility -- from Orkla | Business | magnoliareporter.comØyvind Breivik, Norsk HydroJul 25, 2017
• hydro.comHydro publishes information memorandum on the acquisition of Sapa | HydroAug 1, 2017

Summarized from public sources; check the original articles before acting on it.