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Outokumpu Confirms Continued Negotiations with ThyssenKrupp and Labor Representatives - With reference to information made public in Germany concerning discussion between ThyssenKrupp, Outokumpu and German labor representatives
Outokumpu Confirms Continued Negotiations with ThyssenKrupp and Labor Representatives

 

PRZOOM - /newswire/ - Espoo, Finland, 2012/01/27 - With reference to information made public in Germany concerning discussion between ThyssenKrupp, Outokumpu and German labor representatives. OUT1V

   
 
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With reference to information made public in Germany concerning discussion between ThyssenKrupp, Outokumpu and German labor representatives, Outokumpu confirms that it is in continued negotiations related to a potential business combination of Outokumpu and Inoxum.

ThyssenKrupp has today announced that the supervisory board of ThyssenKrupp AG will deal with a possible business combination between Inoxum and Outokumpu at a meeting next week.

Outokumpu does not intend to make any further announcements in this regard unless and to the extent a definitive agreement is reached or there are material developments which require publication.

About OUTOKUMPU OYJ

Outokumpu (outokumpu.com) is a global leader in stainless steel with the vision to be the undisputed number one. Customers in a wide range of industries use our stainless steel and services worldwide. Being fully recyclable, maintenance-free, as well as very strong and durable material, stainless steel is one of the key building blocks for sustainable future. Outokumpu employs some 8 000 people in more than 30 countries. The Group's head office is located in Espoo, Finland. Outokumpu is listed on the NASDAQ OMX Helsinki.

 
 
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Agency / Source: Outokumpu OYJ

 
 

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Outokumpu Confirms Continued Negotiations with ThyssenKrupp and Labor Representatives

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OUTOKUMPU |
Contact: Press Office - Outokumpu.com 
+358 9 421 2432 kari.tuutti[.]outokumpu.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Outokumpu OYJ securities in any jurisdiction including any other companies listed or named in this release.

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