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14 Dec
13:56

AST boosts results but no buyer interest shown

The management of Terni Acciai Speciali (AST), the stainless and special steels arm of thyssenkrupp in Italy, confirms that the 2016-2017 financial year has signalled further recovery for the company. During a public hearing with the government the head of the company noted nevertheless that there is no open interest from potential buyers of the unit, which remains up for sale (see Kallanish passim). In the financial year ended in September this year, …
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