The European Commission has approved the combination of SSAB and Rautaruukki and SSAB proceeds with the completion of the share exchange offer
Today, SSAB AB (publ) (“SSAB”) has received the required regulatory competition approval from the European Commission for the combination of SSAB and Rautaruukki Corporation (“Rautaruukki”). SSAB has received the European Commission’s approval for the combination with Rautaruukki. The approval is conditional on a commitment by SSAB to divest the following assets within its Nordic Steel …