Norsk Hydro Terminates Aluminum Asset Deal with Rio Tinto

Rio Tinto (LSE:RIO) has announced that a previously penned deal with Norsk Hydro (OTCMKTS:NHYDY) has been terminated. The deal between the two aluminum producers was for the acquisition of Rio Tinto aluminum assets by Hydro. As quoted from the press release: Rio Tinto has been informed by Hydro that it has withdrawn its offer to […]