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07 Jun
09:48

LKAB becomes biggest shareholder of SSAB

Swedish mining company LKAB says it has become the biggest shareholder of compatriot steelmaker SSAB. Following the sale by investment company Industrivärden of its stake in May, LKAB has raised its voting rights within SSAB to 16%. It also controls 10.5% of the overall capital of the company, a level consolidated back in February 2020. “We are now consolidating our influence in SSAB in order to take responsibility and ensure that the company continues…
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