NSSMC completes acquisition of Ovako AB

Nippon Steel & Sumitomo Metal Corporation (NSSMC) completed the acquisition of all shares of European special steel maker Ovako AB, making it a wholly owned subsidiary on June 1, 2018. The deal was valued at an undisclosed amount.

“NSSMC hereby announces that it has acquired whole of the shares of Ovako and made the company a wholly owned subsidiary on June 1st.”nipponsteel.com

• 1 source
• nipponsteel.comNSSMC has made the European special steel maker Ovako AB a wholly owned subsidiaryJun 4, 2018

Summarized from public sources; check the original articles before acting on it.