Member access

4-Traders Homepage  >  Shares  >  Xetra  >  ThyssenKrupp AG    TKA   DE0007500001

THYSSENKRUPP AG (TKA)

75
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 

Bid Planned for ThyssenKrupp North American Steel

01/29/2013 | 09:36pm US/Eastern
Recommend:
0

TOKYO--Nippon Steel & Sumitomo Metal Corp. (>> Nippon Steel & Sumitomo Metal Corp) and ArcelorMittal (>> ArcelorMittal) are planning a joint bid to buy ThyssenKrupp AG's steel business in North America in order to ramp up automotive steel sheet production, the Nikkei reported Wednesday.

Among the potential suitors for ThyssenKrupp's plant in Alabama, estimated around 130 billion yen ($1.4 billion), are Brazil's Companhia Siderurgica Nacional and Japan's JFE Steel.

ArcelorMittal and Nippon Steel & Sumitomo Metal, the world biggest and the second biggest steel makers, jointly produce steel sheets for automobiles in the U.S.

Write to Tokyo Bureau at tokyo.djnews@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stocks mentioned in the article : Nippon Steel & Sumitomo Metal Corp, ArcelorMittal
Recommend :
0
React to this article
Latest news on THYSSENKRUPP AG
15h ago THYSSENKRUPP : and Saab in talks over sale of Swedish shipyard activities Thysse..
2d agoDJTHYSSENKRUPP : Correction to ThyssenKrupp Story on April 1
4d ago THYSSENKRUPP : Building spree has UAE lift sales rising
4d ago ThyssenKrupp in talks to sell Swedish naval shipyard to Saab
4d ago THYSSENKRUPP : and Saab in talks over sale of Swedish shipyard activities Thysse..
4d agoDJSAAB : in Talks to Buy ThyssenKrupp's Swedish Shipyard
4d ago SAAB : and ThyssenKrupp have signed a MoU on an acquisition of ThyssenKrupp Mari..
5d ago THYSSENKRUPP : to build $55.5mn German test tower
04/11 THYSSENKRUPP : 'Jugend forscht' youth science competition, Three first places fo..
04/11 THYSSENKRUPP : fosters elevator technology development by building landmark test..
Advertisement
Chart
Duration : Period :
ThyssenKrupp AG Technical Analysis Chart | TKA | DE0007500001 | 4-Traders
Income Statement Evolution
ThyssenKrupp AG : Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF