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16 Apr
10:21

Thyssenkrupp fast-tracks Acciai Speciali Terni sale

Thyssenkrupp is accelerating the sale of Italian stainless steel producer subsidiary Acciai Speciali Terni (AST). Trade unions tell Kallanish the company has started the first phase of the sale, where potential buyers will have access to some of AST’s production and sales documents, and assess its financial situation. This phase should last 1-2 months and should enable potential buyers to make an informed offer. JP Morgan will handle the procedure and selec…
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