TK denies $1B capital increase plan but keeps options open

Jul 08, 2013 | 11:47 AM | Elfi Middelbeek

Tags  ThyssenKrupp, steel, capital increase, Steel Americas, CSN, elfi middelbeek

LONDON — Steel producer and technology group ThyssenKrupp AG has denied reports that it is planning a capital increase of €790 million ($1.02 billion) in September.

"We currently have no concrete plans for a capital increase," a company spokesman told AMM sister publication Steel First July 8, although "the use of such a measure cannot be ruled out completely." ....

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