Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
Washington Post Publisher Will Lewis Steps Down After Layoffs 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
The announced sale of Hydro's rolling mill in Cisterna di Latina, Italy, has been finalized.
The Slim plant in Cisterna di Latina will from January 1, 2016 be operated by Rolling Mills International GmbH under the name of SLIM Aluminium S.p.A.
An after-tax book loss of 45 - 55 million euros will be realized in Hydro's fourth-quarter 2015 reported results.
The rolling mill in Cisterna di Latina produces aluminium rolled products, mainly standard strip and sheet, as well as plain foil. Through the agreement, Rolling Mills International GmbH has acquired 100 percent of the shares in Hydro Aluminium Slim S.p.A. Rolling Mills International GmbH is controlled by Quantum Capital Partners AG, a Munich-based investment company.
The rolling mill has around 430 employees and a production capacity of around 92,000 metric tonnes rolled products per year. The plant was established in 1964, and Hydro took over the plant in 2002 as part of the acquisition of German aluminium producer VAW.
