Norsk Hydro drops plan to acquire Asia Aluminium

Jun 29, 2009 (Datamonitor Financial Deals Tracker via COMTEX) -- NHYDY | Quote | Chart | News | PowerRating -- Norsk Hydro ASA has dropped its plans to acquire Asia Aluminum Holdings, Ltd., a Hong Kong-based aluminum processing group. Norsk Hydro is a Norway-based aluminum and renewable energy company. Rumor (June 21, 2009): According to Reuters, The Wall Street Journal reported that Norsk Hydro may acquire Asia Aluminum Holdings. Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Dead Rumour: 2009-06-24 Deal Participants Target (Company) Asia Aluminum Holdings Limited Acquirer (Company) Norsk Hydro ASA