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06 Feb
00:00

SSAB gets go-ahead to divest Norwegian asset

Swedish steelmaker SSAB confirms that it has received approval from the European Commission (EC) to sell its 50% share in Norway’s Norsk Stål AS, Kallanish learns from the company. The sale, to Norway’s  Leif Hübert AS, was part of the divestment remedies that the EC deemed necessary for the amalgamation of Rautaruukki with SSAB, the steelmaker says. The transaction is still subject to the approval of national competition aut…
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