ThyssenKrupp CEO sees Alabama plant sale closing in Q2
FRANKFURT Feb 14 (Reuters) - Germany's ThyssenKrupp expects the sale of its steel processing plant in Calvert, Alabama to ArcelorMittal and Nippon Steel to close in the coming months, according to its chief executive.
"Closing of the Alabama deal, we believe this can be done in Q2," Heinrich Hiesinger told analysts during a conference call after the German industrial group published quarterly financial results on Friday.
It was not immediately clear whether he was referring to the second quarter of the 2014 calendar year or to ThyssenKrupp's fiscal second quarter, which ends in March.
- Police seek motive in fatal Washington state school shooting
- Two deputies killed, two others hurt in California shooting spree
- Wall St. finally turning on Amazon as Bezos magic fades
- U.S. nurse quarantined over Ebola criticizes her treatment |
- U.S., allies stage 22 air strikes in Iraq: U.S. Central Command