(Reuters) - OSLO, July 5 - Shareholders in Norway's Statoil
and Norsk Hydro have approved Statoil's
planned $36 billion acquisition of Hydro's oil and gas business
to create a Norwegian giant capable of competing globally.
Extraordinary general meetings of both companies on Thursday
endorsed the plan for the biggest merger in Norwegian corporate
history, which was first announced in mid-December.
Read more at Reuters.com Mergers News
and Norsk Hydro have approved Statoil's
planned $36 billion acquisition of Hydro's oil and gas business
to create a Norwegian giant capable of competing globally.
Extraordinary general meetings of both companies on Thursday
endorsed the plan for the biggest merger in Norwegian corporate
history, which was first announced in mid-December.
Read more at Reuters.com Mergers News
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