ThyssenKrupp still aims for Americas deal by May
FRANKFURT Feb 12 (Reuters) - ThyssenKrupp still aims to have an agreement on a sale of its Steel Americas plants by May, Chief Executive Heinrich Hiesinger said.
"We can control the process up until there is an agreement, and we have always said that we will put all efforts into reaching such a situation sometime in May," he told analysts during a conference call after Germany's biggest steelmaker reported quarterly results on Tuesday.
ThyssenKrupp has said it aimed to complete the sale process by the end of its fiscal year in September, but Hiesinger cautioned that the approval process for any deal was out of the company's control and could take longer than expected.
Finance chief Guido Kerkhoff said there was a "clear preference" for agreeing a cash deal.
- Exclusive: Angry with Washington, 1 in 4 Americans open to secession
- Scots spurn independence in historic vote but demand new powers |
- Eight bodies found after attack on Guinea Ebola education team
- Special Report: Scotland stays in UK, but Britain faces change
- Alibaba IPO prices at top of range, raising $21.8 billion |