Thyssenkrupp to kick off auction for plant building unit-sources
24/01/2020 16:23
FRANKFURT, Jan 24 (Reuters) - Ailing German conglomerate
Thyssenkrupp TKAG.DE will kick off the auction for its
plant-building unit this month, two people familiar with the
matter said, adding the business is unlikely to fetch sizeable
offers.
First information packages on Plant Technology, which builds
cement, fertiliser and chemical plants, will be sent out by the
end of next week, the people said, adding the unit may end up
being sold off in parts to several buyers, the people said.
Thyssenkrupp declined to comment.
(Reporting by Christoph Steitz and Arno Schuetze; Editing by
Thomas Seythal)
((christoph.steitz@thomsonreuters.com; +49 69 7565 1269;
Reuters Messaging:
christoph.steitz.thomsonreuters.com@reuters.net))