Norsk Hydro, Generali, Gemina: trio of trades brings blocks back after blackouts
Block trades in Norsk Hydro, Generali and Gemina launched on Monday evening, bringing to an end a muted period for ABBs as third quarter results put many investors into blackout.
Vale said on Monday that it will sell up to 224m shares in Norsk Hydro, plus a 22.4m share greenshoe, taking the total shares on offer to around 12% of the company and valuing the deal at around $1.1bn.
Norsk Hydro's shares closed at Nkr26.96 on Monday, up 0.41%.
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