Finns Set to Take Over ThyssenKrupp Stainless

The new ThyssenKrupp Stainless plant near Mobile, rebranded as Inoxum to make it spin-off ready, has been combined with Outokumpu Oyj, based in Finland, “to create a new global leader in stainless steel, ” ThyssenKrupp says. The German firm will get 2.7 billion euros, or about $3.5 billion, and a 29.9 percent stake in the…

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