Hydro fullfører salget til Glencore
Hydro har fullført transaksjonen på 1,11 milliarder USD for salg av 30 prosent eierandel i det brasilianske aluminaraffineriet Hydro Alunorte og Hydros eierandel på 5 prosent i bauksittprodusenten Mineracão Rio do Norte (MRN), samt Vales eierandel på 40 prosent i MRN.
– Vi ser frem til å samarbeide med Glencore for å videreutvikle Alunorte. Glencore har bred industriell erfaring innen metaller og gruvedrift, noe som forsterker den betydelige fremgangen forretningsområdet vårt for bauksitt og alumina vårt har gjort for å redusere fotavtrykket fra aluminaproduksjonen. Dette gjør Hydro i stand til å styrke vår posisjon innen lavkarbonaluminium, sier konsernsjef Hilde Merete Aasheim.
Hydro og Glencore vil fortsette arbeidet med å redusere karbonutslippene fra Alunorte gjennom drivstoffbytteprosjektet som har som mål å erstatte tungolje med LNG, og elektrifisering av fyrkjeler. Dette vil bringe Alunorte til den første desilen på den globale karbonkurven allerede i 2025, og posisjonere Alunorte som en ledende leverandør av lavkarbonalumina. Partnerne er forpliktet til å fortsette utviklingen av sosiale prosjekter for å forbedre levekår i nærliggende områder.
– Denne transaksjonen er et viktig skritt for å levere på Hydros strategi. Alunorte er fortsatt en sentral strategisk ressurs for Hydro og er en viktig kilde til lavkarbonaluminaforsyning til våre aluminiumverk, sier Aasheim.
Samlet selskapsverdi for transaksjonen er 1,11 milliarder dollar, som ble justert med 244 millioner dollar for 30 prosent av Alunortes nettogjeld og avvik fra normalisert arbeidskapital per 30. juni 2023. Foretaksverdien og netto gjeld ekskluderer fjerningsforpliktelser på USD 40 millioner på 30 prosent basis. Partene er enige om en prisjustering som skal betales av Hydro etter sluttføring basert på Alunortes økonomiske resultater over en periode på 21 måneder fra 30. juni 2023, og Hydro forventer her å betale det fulle beløpet, som har et tak på 55 millioner dollar, i første kvartal 2024.
Alunorte vil fortsatt være datterselskap av Hydro og inngå i konsernregnskapet. Transaksjonen vil ikke medføre ny måling av eiendeler eller forpliktelser eller regnskapsføring av gevinst eller tap knyttet til transaksjonen.
Etter salget er Hydro fortsatt største aksjonær i Alunorte med 62 prosent eierskap. Glencore eier 30 prosent av Alunorte, mens de resterende fire minoritetsaksjonærene til sammen eier 8 prosent.
Investorkontakt:
Martine Rambøl Hagen
Martine.Rambol.Hagen@hydro.com
+47 91708918
Mediekontakt:
Halvor Molland
Halvor.Molland@hydro.com
+47 92979797
Hvis du vil se dette innholdet fra ml-eu.globenewswire.com, gi ditt samtykke øverst på denne siden.
Om GlobeNewswire by notified
GlobeNewswire by notifiedGlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Følg pressemeldinger fra GlobeNewswire by notified
Registrer deg med din e-postadresse under for å få de nyeste sakene fra GlobeNewswire by notified på e-post fortløpende. Du kan melde deg av når som helst.
Siste pressemeldinger fra GlobeNewswire by notified
Iveco Group signs a 150 million euro term loan facility with Cassa Depositi e Prestiti to support investments in research, development and innovation11.6.2024 12:00:00 CEST | Press release
Turin, 11th June 2024. Iveco Group N.V. (EXM: IVG), a global automotive leader active in the Commercial & Specialty Vehicles, Powertrain and related Financial Services arenas, has successfully signed a term loan facility of 150 million euros with Cassa Depositi e Prestiti (CDP), for the creation of new projects in Italy dedicated to research, development and innovation. In detail, through the resources made available by CDP, Iveco Group will develop innovative technologies and architectures in the field of electric propulsion and further develop solutions for autonomous driving, digitalisation and vehicle connectivity aimed at increasing efficiency, safety, driving comfort and productivity. The financed investments, which will have a 5-year amortising profile, will be made by Iveco Group in Italy by the end of 2025. Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The eight brands are each a
DSV, 1115 - SHARE BUYBACK IN DSV A/S11.6.2024 11:22:17 CEST | Press release
Company Announcement No. 1115 On 24 April 2024, we initiated a share buyback programme, as described in Company Announcement No. 1104. According to the programme, the company will in the period from 24 April 2024 until 23 July 2024 purchase own shares up to a maximum value of DKK 1,000 million, and no more than 1,700,000 shares, corresponding to 0.79% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (“MAR”) (save for the rules on share buyback programmes set out in MAR article 5) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules. Trading dayNumber of shares bought backAverage transaction priceAmount DKKAccumulated trading for days 1-25478,1001,023.01489,100,86026:3 June 20247,0001,050.597,354,13027:4 June 20245,0001,055.705,278,50028:6 June20243,0001,096.273,288,81029:7 June 20244,0001,106.174,424,68
Landsbankinn hf.: Offering of covered bonds11.6.2024 11:16:36 CEST | Press release
Landsbankinn will offer covered bonds for sale via auction held on Thursday 13 June at 15:00. An inflation-linked series, LBANK CBI 30, will be offered for sale. In connection with the auction, a covered bond exchange offering will take place, where holders of the inflation-linked series LBANK CBI 24 can sell the covered bonds in the series against covered bonds bought in the above-mentioned auction. The clean price of the bonds is predefined at 99,594. Expected settlement date is 20 June 2024. Covered bonds issued by Landsbankinn are rated A+ with stable outlook by S&P Global Ratings. Landsbankinn Capital Markets will manage the auction. For further information, please call +354 410 7330 or email verdbrefamidlun@landsbankinn.is.
Relay42 unlocks customer intelligence with a new insights and reporting module, powered by Amazon QuickSight11.6.2024 11:00:00 CEST | Press release
AMSTERDAM, June 11, 2024 (GLOBE NEWSWIRE) -- Relay42, a leading European Customer Data Platform (CDP), is leveraging Amazon QuickSight to power its new real-time customer intelligence, reporting, and dashboard module. Harnessing the breadth and quality of customer data, the new Insights module empowers marketing teams to dive deep into customer behaviors and gain invaluable insights into the performance of their marketing programs across all online, offline, paid, and owned marketing channels. Preview of the Relay42 Insights module, in pre-beta version Key capabilities of the Relay42 Insights module include: Deep insights into customer behaviors: With the Relay42 Insights module, marketers can ask unlimited questions about their data and gain a deeper understanding of how to serve their customers more effectively. Simplicity with AI-powered querying: Marketers can use artificial intelligence to query their data using natural language search, reducing the reliance on data scientists. Us
Metasphere Labs Announces X Spaces Event on the Topic of Green Bitcoin Mining and Sound Money for Sustainability11.6.2024 10:30:00 CEST | Press release
VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) -- Metasphere Labs Inc. (formerly Looking Glass Labs Ltd., "Metasphere Labs" or the "Company") (Cboe Canada: LABZ) (OTC: LABZF) (FRA: H1N) is thrilled to announce an engaging Twitter Spaces event on Green Bitcoin mining, energy markets, and sustainability on July 3, 2024 at 2 p.m. ET. Follow us on X at MetasphereLabs for updates and to join the event. What We'll Discuss Bitcoin Mining Basics: Understand the fundamentals of Bitcoin mining.Energy Market Dynamics: Explore how Bitcoin mining interacts with energy markets.Sustainable Innovations: Learn about our efforts to promote sustainability in Bitcoin mining.Sound Money: Discover how tamper-proof currency can enhance stability.Efficient Payment Rails: See how fast, neutral payment systems support humanitarian projects.Carbon Footprint: Compare Bitcoin's environmental impact with traditional banking. "We're excited to host this event and dive into the critical topics of Bitcoin