Tag «SELLS»

OUTOKUMPU SELLS LUVATA VENDOR NOTE TO PROVENTUS CAPITAL PARTNERS

As part of Outokumpu’s measures to strengthen its financial position and liquidity, Outokumpu has signed an agreement with funds managed by Proventus Capital Management AB to sell its loan receivable from Luvata Fabrication Ltd for a cash consideration of 157 million US dollars. The loan receivable is related to the divestiture of fabricated copper products …