Norsk Hydro has bid for $300 mln for Asia Aluminum Assets

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Tue, Jun 23, 2009
Aluminum Company News
Post by Mike Rodger, Aluminum Reporter

Norsk Hydro ASA, an aluminum product producer based in Norway, has offered $300 million to purchase the assets of bankrupted Asia Aluminum Holdings Ltd., outbidding Golden Concord Pacific’s offer of $298 million, a source close to Asia Aluminum told Interfax on June 23.

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