Rautaruukki increases its stake in Metalplast

Friday, 24 June 2005 11:53:52 (GMT+3)   |  

Rautaruukki increases its stake in Metalplast

Finland-based steel producer Rautaruukki Corporation announced yesterday that it purchased the 31% stake of the Polish State in Metalplast-Oborniki Holding Sp. z o.o. With this purchase, Rautaruukki's stake in Metalplast increased from 68.7% to 99.8%. Remaining 0.2% is owned by private shareholders. The price of the transaction is not revealed as agreed by the parties.

Tags: Finland Europe 

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