Industrial and technology group Thyssenkrupp has reached agreement with Ternium on the sale of the CSA Siderúrgica do Atlântico (CSA) steel plant in Brazil. The purchase price (enterprise value) is €1.5 billion. “With the sale of CSA we are parting fully with Steel Americas. This is an important milestone in the transformation of Thyssenkrupp into a strong industrial group,” says Dr Heinrich Hiesinger, CEO of Thyssenkrupp AG. “We now generate over 75% of our sales with our profitable capital goods and services businesses.”
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