(IN BRIEF) thyssenkrupp has completed the sale of Acciai Speciali Terni S.p.A. by transferring its remaining 15% stake in AST to Italy’s Arvedi Group, making Arvedi the sole owner of the stainless steel business. The transaction finalizes the divestment originally … Read the full press release →
Posted in Business, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Metals and Minerals, Türkiye
Tagged Acciai Speciali Terni, ACES 2030, Arvedi Becomes Sole Owner of Acciai Speciali Terni as thyssenkrupp Finalizes Stainless Steel Divestment, Arvedi Group, AST, divestment, financial holding company, Germany, high double-digit million euro cash inflow, Industrial Transformation, Italy, liquidity strengthening, Minority Stake, operational cooperation, portfolio streamlining, remaining 15 percent stake, sales organization, sole ownership, stainless steel business, stainless steel plant, Steel Industry, Strategic Realignment, Terni, ThyssenKrupp, ThyssenKrupp AG, thyssenkrupp completes AST divestment with sale of remaining 15 percent stake to Arvedi, thyssenkrupp Completes AST Exit With Sale of Remaining 15 Percent Stake to Arvedi Group, thyssenkrupp Strengthens Liquidity With Final Sale of AST Stake to Italy’s Arvedi Group, transaction completion, Türkiye, Volkmar Dinstuhl
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