PR & press

PR & press

Ruukki Group Plc is pleased to announce it has completed the sale of its Finnish house building business.

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The Helsinki- and London-listed Ruukki, which has invested R3-billion in South Africa so far, will soon have two assets and two major projects to manage in this country, which it believes has "huge potential".

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Ruukki Group plc and Kermas Ltd have bid £37 million (US$59 million) for chrome producer Chromex Mining plc. The offer has been made through Synergy Africa Ltd, which is owned 51% by Ruukki and 49% by Kermas (which owns 28% of Ruukki).

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Newly incorporated joint-venture company Synergy Africa announced that it had put a £37-million cash offer on the table for Aim-listed Chromex.

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Ruukki Group Plc is pleased to announce the admission of the Company's entire issued share capital to the premium segment of the Official List of the UK Listing Authority and to trading on the London Stock Exchange plc's main market for listed securities.

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