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14 Jul
01:00

SSAB and Rautaruukki get EU go-ahead for merger

The European Commission has approved the combination of SSAB and Rautaruukki, meaning Swedish group SSAB will proceed with the completion of its share exchange offer to Rautaruukki's shareholders, the companies tell Kallanish.  "The approval is conditional on a commitment by SSAB to divest the following assets within its Nordic Steel Distribution system and Finnish construction business," explains the Finnish partner, Rautaruukki . These a…
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