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ThyssenKrupp reportedly mulling sale of certain subsidiaries

Thursday, 14 April 2011 15:23:31 (GMT+3)   |  

German steel producer ThyssenKrupp is considering a plan for the sale of some of its subsidiaries, which would be expected to bring in millions of euros in sales revenues, Financial Times Deutschland has reported without clarifying its source.

Accordingly, ThyssenKrupp would use the sales proceeds to reduce its debt by about €5.8 million. Meanwhile, the newspaper underlines that at present no final decisions have been taken.


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