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17 Feb
21:37

Thyssenkrupp ends talks with Liberty Steel

Thyssenkrupp AG late on Wednesday announced that it had ended talks on a possible acquisition of the group’s steel division by Liberty Steel. A sale of the division to Liberty Steel will therefore not take place. “We opened the door for negotiations, but in the end our ideas about the corporate value and the structure of the transaction were far apart. We have therefore decided to end the talks,” says thyssenkrupp ceo Klaus Keysberg, who is also …
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