The German concern Thyssenkrupp denied information about the refusal to sell a loss unit

One of the largest metallurgical concerns of Germany, Thyssenkrupp, denied the media reports that appeared on Monday to the suspension of the Steel Americas unprofitable division, which is part of the German concern. It was the write -off of Steel Americas debts that caused the losses of Thyssenkrupp, which amounted to 656 million euros in the second quarter of this year.

The press service of the German concern confirmed that the process of selling the American unit is ongoing.

information about the suspension of the sale of the metallurgical business in America appeared in the article by the German newspaper Frankfurter AllGumeine Zeitung, where the author of the material refers to sources close to Thyssenkrupp. The article states that the leadership of the German concern changed his mind to sell the Steel Americas unit, which includes a thin -rolling plant in Brazil and a metallurgical plant in Alabama, which was part of the company's plans to conduct.

The Steel Americas unit, which continues to bring Thyssenkrupp to this day, according to the assurances of the executive director of the German concern Henry Gisger, will be unequivocally sold. According to analysts, the transaction should bring 25.5 million euros of income.

In the near future, Thyssenkrupp will issue shares of $ 1.3 billion, the largest American and British hedge funds belonging to such famous billionaires as George Soros, David Einhorn and John Polson have already promised to purchase them. It is by the sale of Steel Americas and securities that Thyssenkrupp that it plans to improve its financial situation.