Statoil, Norsk Hydro deal boosts Gulf profile

Statoil ASA, Stavanger, Norway, (NYSE: STO) plans to acquire all of Norsk Hydro ASA, Oslo, (NYSE, Oslo: NHY) except for its aluminum business, in an all-stock deal worth some US$30.6 billion. The new company will ...

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February 14, 2007

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