OUTOKUMPU SAYS TERNI SALE STILL ON BY THE END OF THIS YEAR
November 3rd, 2013
Finnish steel maker Outokumpu has told Steel First that it still hopes to finish its sale of Italian steel subsidiary Acciai Terni Speciali (Terni) by the end of this year, saying talks should take another “six to eight weeks”.Outokumpu vice president for communications Saara Tahvanainen said: “Discussions continue with a number of interested parties. Outokumpu is working intensively to complete the divestment and targets to sign a transaction during the remainder of the year.”This is line with the timeframe allowed by the European Commission, when it ...
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