ThyssenKrupp plans equity sale following Calvert deal
Dec 02, 2013 | 11:42 AM
SHANGHAI ThyssenKrupp AG may sell new equity worth up to 10 percent of the companys value in a move announced along with a deal to sell its Calvert, Ala., plant.
Germanys biggest steelmaker posted a net loss of 1.5 billion ($2.03 billion) in its fiscal year ended Sept. 30 and still needs to cut through debt of 5 billion ($6.78 billion), much of which was contributed by its Steel Americas division.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.