OUTOKUMPU HAS COMPLETED THE INOXUM TRANSACTION AND ASSUMES LEADING POSITION IN THE STAINLESS STEEL INDUSTRY
Highlights: – Outokumpu and ThyssenKrupp AG have completed the Inoxum transaction – The new Outokumpu starts operations on December 29, 2012 with a new structure and leadership – The combination is structured to create significant annual cost synergies of MEUR 200 on an annual basis, of which MEUR 50 are expected already in 2013, and …