14
Sep
14:34
Elkem closes stake sale in Vianode
Norway’s Elkem said Wednesday competition authorities have cleared the investment by Hydro and Altor in its subsidiary Vianode, Kallanish reports.
The undisclosed transaction, first announced in April, gives Hydro and Altor Equity Partners a 30% stake each in Vianode. Elkem will retain the remaining 40% ownership. Together, they are now vowing to further develop the graphite anode company as a “leading supplier of sustainable battery materials.”
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Anonymous
Very good overview of the weekly steel market.
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