BRIEF-SSAB Intends To Divest Its Rock Bolt Business Unit In Virsbo
ReutersJan 7, 2025 11:05 AM
Jan 7 (Reuters) - SSAB AB SSABa.ST:
SSAB INTENDS TO DIVEST ITS ROCK BOLT BUSINESS UNIT IN VIRSBO TO U.S.-BASED JENNMAR
66 PEOPLE ARE AFFECTED BY ACQUISITION AND HAVE RECEIVED AN OFFER TO CONTINUE THEIR EMPLOYMENT WITH JENNMAR.
ROCK BOLT MANUFACTURING IS NOT PART OF SSAB'S CORE BUSINESS
TRANSACTION IS EXPECTED TO BE FINALIZED IN Q1 OF 2025
Source text: ID:nWkr91ghwN
Further company coverage: [SSABa.ST]
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com;))
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