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27 Jun
06:40

Walsin approved to acquire Outokumpu Long Products AB

Taiwan’s Walsin Lihwa has received approval from the Fair Trade Commission (FTC) to acquire Sweden’s Outokumpu Long Products AB, Kallanish learns from the announcement of FTC. The target company exported zero volume to Taiwan last year, so the FTC approved the acquisition as it believes that the merger will not affect the competitive situation for stainless steel billets and bars in the region. Walsin Lihwa subsidiary Cogne Acciai Speciali in Italy h…
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