Orkla Chairman Stein Erik Hagen told Dagens Næringsliv in July the company’s combined ownership in solar energy components maker Renewable Energy Corp. ASA and Elkem was “too heavy.”
Orkla jumps most in 16 months on potential Elkem sale -BN
Orkla ASA rose the most in more than a year in Oslo on a report that Korea-based Posco, the world’s third-biggest steelmaker, wants to buy its Elkem ASA subsidiary, Bloomberg News reported.