Outokumpu Bid for ThyssenKrupp Unit Said Set to Win EU Approval

Outokumpu Bid for ThyssenKrupp Unit Said Set to Win EU Approval

Timothy Fadek/Bloomberg

ThyssenKrupp would retain a 29.9 percent stake in the business, receive 1 billion euros in cash, and transfer 422 million euros of Inoxum’s liabilities to Outokumpu.