Stainless steel merger will be completed by year’s end: TK
May 15, 2012 | 01:02 PM
| Thorsten Schier
NEW YORK ThyssenKrupp AG expects the merger between its stainless unit, Inoxum, and Finnish stainless steel producer Outokumpu Oyj to be completed by the end of the year.
Outokumpu recently completed a 1-billion ($1.28-billion) rights issue, which is "a further milestone in the transaction," the German steelmaker said in its earnings report for the first half of its....
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