Financial Supervisory Authority Reviews SSAB's 33.3 Billion Kronor Write-Down

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Financial Supervisory Authority Reviews SSAB's 33.3 Billion Kronor Write-Down
Photo: Pontus Lundahl/TT

The Financial Supervisory Authority (FI) is proceeding with its review of the steel giant SSAB's goodwill write-down of 33.3 billion kronor. FI states in a press release that the case is being referred for sanction assessment.

The background is that SSAB in its interim report for the fourth quarter reported a write-down of goodwill. SSAB maintains that the write-down has been reported in accordance with guidelines and recommendations.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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