Extract from M&A Insights

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Norsk Hydro makes a US$345m offer for Rio Tinto
February 27, 2018

The Norwegian based aluminum giant, Norsk Hydro, has made a binding bid for 100 percent of Rio Tinto. The rationale is to strengthen the company's leading position and increase production made using renewable energy. The offer also includes Rio Tinto's 53 percent share in Aluminium & Chemie Rotterdam BV and 50 percent of the shares in Alufluor AB.

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