TK to sell foundry to private equity firm
May 16, 2012 | 11:43 AM
| Michael Cowden
TORONTO ThyssenKrupp AG has agreed to sell its U.S. foundry business to private equity firm KPS Capital Partners LP.
The German steelmaker said it signed an agreement on Monday to sell Waupaca, Wis.-based ThyssenKrupp Waupaca Inc. to KPS, and its supervisory board approved the deal Tuesday.....
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