Cyrrus (Cyrrus)
World markets  |  October 05, 2012 10:07:59

Interest in growing U.S. division of ThyssenKrupp


The American division of German steelmakers ThyssenKrupp growing interest. According to sources, the Financial Times Deutschland among potential buyers would have to be a leading player in the global steel industry such as POSCO, JFE, CSN, Vale and Baosteel. So strong interest in lossy Division, whose management of the ThyssenKrupp out of hand is certainly gratifying, but it will also depend on the price you are willing to offer candidates. Hiesinger, CEO of German steelmakers, put a price on 7 billion. However, it is very unlikely that this will be achieved prices as fair evaluation of this division should be around 3-4 billion.Progress in the negotiations for the sale of those assets perceived positively, with further development of ThyssenKrupp shares will depend especially on the negotiating skills of management in sales haggling prices offered by Steel Americas division.

George Šimara
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