Outokumpu – Competition authorities approved divestment of Long Products units
Outokumpu OyjStock exchange releaseDecember 14, 2022 at 12.30 pm EETOutokumpu – Competition authorities approved divestment of Long Products units On July 12, 2022, Outokumpu announced that it would divest the majority of its Long Products business to Marcegaglia, a leading steel processor in the world. The completion of the transaction is subject to, among others, regulatory approvals by the competition authorities. Outokumpu has now received approvals from all the required competition authorities – the European Commission and the US competition authority. In addition to the