Tag «INOXUM»

Outokumpu comments on the Terni divestment process

In accordance with the commitments given to the European Commission in the context of the merger with Inoxum, Outokumpu continues to pursue the divestment of AST (Acciai Speciali Terni) stainless steel operations in Terni, Italy. In a challenging environment for the European stainless industry Outokumpu has maintained an active dialogue with the European Commission, the …

European Commission approves combination of Outokumpu and Inoxum

  Green light for merger of stainless steel businesses into new world market leader – platform to secure jobs and potential long-term Further important milestone in ThyssenKrupp’s strategic development program The European Commission today approved the combination of Outokumpu and Inoxum, the stainless steel arm of ThyssenKrupp, subject to conditions, thus giving the green light …

OUTOKUMPU – EUROPEAN COMMISSION APPROVES THE INOXUM TRANSACTION

The European Commission has today approved the acquisition of Inoxum by Outokumpu. The transaction makes Outokumpu the new global leader in stainless steel and high performance alloys. Outokumpu remains fully committed to the Inoxum transaction and targets to finalise it by the end of 2012. CEO Mika Seitovirta: “We are excited to start the creation …