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22 Jul
01:00

Holders with 94.8% of Rautaruukki's shares accept SSAB's merger offer

Sweden’s SSAB has announced that its share exchange offer to Rautaruukki's shareholders has been accepted by shareholders representing over 90% of Rautaruukki: This means that the proposed merger of the two companies has cleared its final hurdle, and has the necessary approvals, Kallanish understands. The offer period for the share exchange offer by SSAB to Rautaruukki’s shareholders expired on 22 July. “Based on the preliminary informati…
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