2013-03-21 08:13:57 -
Solidium Oy has increased its holding in Outotec Oyj to 10.0 per cent of the
shares. The average purchase price of the shares is EUR 40.1 per share. Outotec
is one of the world's leading technology and service providers for the mining
and metals industries.
Further information: Managing Director Kari Järvinen, Solidium Oy, tel. +358
(0)10 830 89 05
Solidium is a limited company wholly owned by the State of Finland. Its mission
is to strengthen and stabilise Finnish ownership in nationally important
companies and increase the value of its holdings in the long run. Investment
activities are based on financial analysis. The core of Solidium's investment
strategy is proper, value enhancing asset management of the current holdings.
Through its stakes, Solidium is a minority owner in eleven listed companies:
Metso, Outokumpu, Outotec, Rautaruukki, Sampo, Stora Enso,
Talvivaara Mining Company, TeliaSonera and Tieto. The market value of Solidium's
investments is approximately EUR 7.8 billion at the date of this press release.
Further information: www.solidium.fi.
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Source: Solidium Oy via Thomson Reuters ONE