Outokumpu to take 49 percent stake in Boliden [UPDATE]

Finland’s Outokumpu is to acquire a 49-percent stake in Swedish non-ferrous group Boliden in a deal which will see Outokumpu transfers its zinc-copper operations, worth 736 million euros, to Boliden.

In exchange “New Boliden” — as the enlarged company is now refrred to — intends to acquire the Tara zinc mine in Ireland; zinc smelter in Kokkola, Finland, and in...


September 08, 2003

14:59 GMT