Statoil, NorskHydro create giant
By Elizabeth Cowley, Michael Wang and Chip Cummins
The Wall Street Journal Europe
19 Dec 2006
Statoil ASA’s $30 billion share swap for Norsk Hydro ASA’s petroleum business makes the government of tiny but oil-rich Norway the majority owner of a bulked-up and acquisitive player in the global oil industry. The deal, which the two companies... read more...
posted by Bank Report @ 1:41 AM
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