SOLIDIUM SUPPORTS THE TRANSACTION AND SHARE ISSUE OF OUTOKUMPU

Solidium Oy supports the plan of Outokumpu Oyj to divest VDM and Terni remedy assets to ThyssenKrupp in exchange for the loan note of EUR 1.3 billion. As part of the transaction the balance sheet of Outokumpu would be strengthened through a rights issue of EUR 650 million and the lenders would be ...