SSAB has received EC approval to divest Tibnor Oy to Ovako AB as required under the Rautaruukki transaction
SSAB has received approval from the European Commission to sell Tibnor Oy, Finland to Ovako AB. This transaction is part of the divestment remedies that the European Commission deemed necessary for the combination of Rautaruukki with SSAB. The transaction is still subject to the approval of national competition authorities. This transaction has only a limited …