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Hydro completes sale of extrusion plant in India to Hindalco Industries

Norsk Hydro ASA (Hydro) announced that it has completed the sale of its extrusion plant in Kuppam, India, to Hindalco Industries Limited (Hindalco). The transaction was announced on December 17, 2021, and structured as an asset sale for USD 33 million on a cash-free and debt-free basis and includes the Kuppam plant w....

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