24
Jun
01:00
SSAB extends offer for Rautaruukki, expects Commission approval
The merger process between Sweden’s SSAB and its Finnish neighbour Rautaruukki has been given nearly a month longer. SSAB says the offer period for the share exchange offer to Rautaruukki's shareholders has again been put back, and will now end on 22 July.
The extra time will accommodate “the expected timing of the receipt of an approval by the European Commission”, SSAB told Kallanish today. In its preliminary ruling of 22 May, the Com…
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Anonymous
Very good overview of the weekly steel market.
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